Max Financial Services Limited — Updates, 07-08-2025: Press Release

Max Financial Services (MFSL) demonstrates robust Q1 performance. Consolidated revenue (ex-investment income) grew 18%. Its subsidiary, Axis Max Life, significantly expanded its private industry market share by 121 basis points to 10%. Individual Adjusted First Year Premium soared 23% to ₹1,553 Cr. Profitability measures showed strength, with Value of New Business (VNB) up 32% to ₹335 Cr and New Business Margin improving to 20.1%. Gross Written Premium increased 18% to ₹6,397 Cr, and Assets Under Management rose 14% to ₹1,83,211 Cr, reflecting strong operational momentum.