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Max Financial Services Q1 FY26 results (Apr–Jun 2025) and concall

Financial Services · Concall AI · Call held 8 Aug 2025

Max Financial Services Limited reported a strong Q1 FY26, with individual adjusted first-year premium growing 23% and VNB increasing 32% to INR 335 crore, driven by product mix rebalancing and margin expansion to 20.1%. While consolidated profit after tax was INR 86 crore due to new business strains, the company demonstrated robust growth across key metrics, improved customer service, and advanced digital adoption, maintaining a positive outlook for FY26.

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What they filed

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26
Revenue4 4 4 3
EBITDA-2 -2 -2 -2
Net profit-2 -2 -3 -3
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.