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Max Financial Services LimitedBoard Meeting, 07-08-2025: Outcome of Board Meeting

07-08-2025 | 07:21 pm

Max Financial Services' board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations grew to Rs 12,821.65 Cr, though consolidated profit after tax decreased to Rs 86.45 Cr, resulting in a basic EPS of Rs 2.04 for continuing operations.

Strategically, the board noted the extended timeline for Axis entities to acquire an additional 0.98% stake in Axis Max Life Insurance (AMLI) from the company, now extended by one year from October 5, 2024. Additionally, Max Life Pension Fund Management is undergoing voluntary liquidation.

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