Max Financial Services Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
November 09, 2021 at 07:43 am EST
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Max Financial Services Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported revenue was INR 93,273.7 million compared to INR 70,201.1 million a year ago. Net income was INR 396.3 million compared to INR 563.9 million a year ago. Basic earnings per share from continuing operations was INR 1.15 compared to INR 2.1 a year ago. Diluted earnings per share from continuing operations was INR 1.15 compared to INR 2.1 a year ago.
For the six months, revenue was INR 152,705.1 million compared to INR 125,374.3 million a year ago. Net income was INR 608.3 million compared to INR 1,872.4 million a year ago. Basic earnings per share from continuing operations was INR 1.76 compared to INR 6.95 a year ago. Diluted earnings per share from continuing operations was INR 1.76 compared to INR 6.95 a year ago.
Max Financial Services Limited is an India-based company, which operates as a holding company for Max Life Insurance Company Limited. The Company is engaged in the business of investments and providing management advisory services. The Companyâs segments include Life Insurance and Business Investments. The Companyâs investor base includes global financial institutions such as KKR, Baron, Ward ferry, New York Life, Vanguard, Blackrock, Jupiter, Norges, Neuberger Burman, Eastspring and Dimension.
MAX FINANCIAL SERVICES LIMITED 
