Max Financial reports profit drop, explores Axis Life merger
pre-market1 source ↓written by the desknot a recommendation
- YoY
- ₹14,258.93 crore
- YoY
- ₹44.75 crore
Max Financial Services Limited (MFSL) reported Q3 FY26 revenue growth of 60% YoY to ₹14,258.93 crore, driven by its life insurance segment. However, PAT fell 36% YoY to ₹44.75 crore, indicating operational challenges. The company is now exploring a merger with Axis Life amid these financial pressures. 📉
Not investment advice. For informational purposes only.