Max Financial Services Q2 Net Profit Rises to ₹100 Crore
Max Financial Services reported net profit of ₹100 crore, up from ₹5.9 crore in the year-earlier second quarter.
Mumbai: Max Financial Services reported a multifold increase in net profit during the second quarter of the financial year to 100 crore up from 5.9 crore in the corresponding period of the last financial year. Max Financial owns 80% in Axis Max Life. The insurer saw VNB, a measure of profitability…