Max Financial Services reports 41% rise in Q3 net profit

11 Feb 2019

Max Financial Services has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 40.66% in its net profit at Rs 139.89 crore for the quarter under review as compared to Rs 99.45 crore for the same quarter in the previous year. Total income of the company increased by 34.35% at Rs 176.57 crore for Q3FY19 as compared Rs 131.43 crore for the corresponding quarter previous year.

Max Financial Services, a part of the $2 billion Max Group, is the holding company for Max Life, India’s largest non-bank, private life insurance company.

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