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Max Financial Services (BOM:500271) Net Investment Income : ₹124,889 Mil (As of Mar. 2024)


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What is Max Financial Services Net Investment Income?

Net investment income is the income earned by insurance companies through investments.Max Financial Services's net investment income for the three months ended in Mar. 2024 was ₹27,958 Mil. Its net investment income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹124,889 Mil.

Max Financial Services's quarterly net investment income increased from Sep. 2023 (₹17,219 Mil) to Dec. 2023 (₹45,265 Mil) but then declined from Dec. 2023 (₹45,265 Mil) to Mar. 2024 (₹27,958 Mil).

Max Financial Services's annual net investment income declined from Mar. 2022 (₹35,764 Mil) to Mar. 2023 (₹835 Mil) but then increased from Mar. 2023 (₹835 Mil) to Mar. 2024 (₹123,889 Mil).


Max Financial Services Net Investment Income Historical Data

The historical data trend for Max Financial Services's Net Investment Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Max Financial Services Net Investment Income Chart

Max Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Investment Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45,221.05 51,032.83 35,763.50 835.40 123,889.10

Max Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Investment Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11,246.90 34,447.50 17,219.40 45,264.50 27,957.70

Max Financial Services Net Investment Income Calculation

Income earned by insurance companies through investments. Insurance companies usually invest the float they received in stocks or bonds to generate additional income before the premium is paid to cover insurance losses.

Net Investment Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹124,889 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Max Financial Services (BOM:500271) Business Description

Traded in Other Exchanges
Address
L20M, Plot No. C-001/A/1, Sector 16B, Max Towers, Noida, UP, IND, 201301
Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It earns the majority of revenue from Life Insurance segment.

Max Financial Services (BOM:500271) Headlines

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