Max Financial Services H1 FY23 Performance Update October 2022

Max Financial Services reported H1 FY23 results with consolidated revenue of Rs 9,720 Cr (12% growth) and PAT of Rs 130 Cr (56% growth). New business premium grew 9% to Rs 3,378 Cr, with expanded margins reaching 26.7%, and the company strengthened its position with new broker partnerships and pension fund management operations.