Max Financial Services FY23 Performance Update Investor Presentation

Max Financial Services reported consolidated revenue of Rs 24,940 Cr with 13% growth in FY23, alongside 42% PAT growth to Rs 452 Cr. Max Life Insurance achieved 21% PBT growth and expanded margins to 31.2%, with VNB growing 28% YoY. The company strengthened distribution partnerships, launched innovative products, and expanded retirement offerings including a new pension fund management business.