17
Feb
Max Financial Services Limited reported robust financial performance for the first nine months of FY’26, with consolidated revenue excluding investment income rising 18% year-on-year to ₹24,625 crore. Including investment income, consolidated revenue stood at ₹36,891 crore, while profit after tax was ₹137 crore. Axis Max Life Insurance, the group’s life insurance arm, continued to outperform the private industry, reporting a 20% year-on-year increase in Individual Adjusted First Year Premium (FYP) to ₹6,396 crore and gaining 53 basis points in private market share to reach 9.8%. Gross Written Premium grew 18% to ₹25,195 crore, while renewal premiums rose 17% to ₹15,551…
