Max Financial Services has reported results for first quarter ended June 30, 2016.
The company has reported over 4-fold jump in its net profit at Rs 107.12 crore for the quarter ended June 30, 2016 as compared to Rs 24.73 crore for the same quarter in the previous year. Total income of the company jumped 3-fold at Rs 131.90 crore for quarter under review as compared to Rs 40.19 crore for the quarter ended June 30, 2015.
Max Financial Services, formerly known as Max India, the newly de-merged entity of the Max Group, holds around 72 percent in Max Life. The fourth-largest life insurer in the private sector, Max Life is a joint venture with Japan-headquartered Mitsui Sumitomo Insurance.
Company Name | CMP |
---|---|
Max Financial | 1018.25 |
Delphi World Money | 209.55 |
SBFC Finance | 81.85 |
Anand Rathi Wealth | 3949.40 |
Prudent Corporate | 1621.75 |
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