MFSL Max Financial Services Q1 FY26 results (Apr–Jun 2025) and concall
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
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|
| Revenue | 4 | 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.





