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HDFC Life Q1 profit rises 15% to Rs 415 crore

Max Financial Services FY23 Profit After Tax Rises 42 per cent to Rs 452 Crore; Records Highest Ever New Business Margin (NBM) of 31 2 per cent

Noida, May 13: Max Financial Services Limited (MFSL) today announced its financial results for the quarter and the year ended FY23. MFSL reported consolidated revenues of Rs. 31,431 crore, grew 1 per cent mainly due to lower investment income, excluding investment income, consolidated revenues grew 13 per cent in FY23. Consolidated Profit after Tax (PAT) stood at Rs. 452 crore, grew 42 per cent in FY23. During Q4FY23, consolidated revenues grew 11 per cent to Rs. 9,934 crore, due to higher investment income.

Max Financial Services FY23 Profit After Tax Rises 42 per cent to Rs 452 Crore; Records Highest Ever New Business Margin (NBM) of 31 2 per cent

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