Max Financial Services' Q2 FY 2025-26 Quarterly Results
- 16 Nov 2025
Result Summary
- Max Financial Services Ltd reported a 23.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 26.7%.
- Its expenses for the quarter were down by 23.0% QoQ and 25.9% YoY.
- The net profit decreased 93.2% QoQ and decreased 95.8% YoY.
- The earnings per share (EPS) of Max Financial Services Ltd stood at 0.12 during Q2 FY 2025-26.
Financial Statments for Q2 FY 2025-26
Total Income | 9798.62 | 12824.90 | 13376.12 | -23.6% | -26.7% |
Total Expenses | 9794.10 | 12723.46 | 13214.12 | -23.0% | -25.9% |
Profit Before Tax | 6.30 | 101.48 | 162.10 | -93.8% | -96.1% |
Tax | 0.39 | 14.50 | 22.76 | -97.3% | -98.3% |
Profit After Tax | 5.87 | 86.45 | 139.34 | -93.2% | -95.8% |
Earnings Per Share | 0.12 | 2.03 | 3.26 | -94.1% | -96.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Max Financial Services Ltd operates primarily in the financial services sector, focusing on life insurance and related services. As of my latest training data, the company is known for providing a range of insurance products that cater to the diverse needs of individuals, families, and businesses. It is a prominent player in the Indian insurance market, and its offerings include life insurance plans, savings plans, and retirement solutions, among others. Recent developments in the company are not available, but it remains a key entity within its industry, characterized by a commitment to providing comprehensive financial protection solutions.
Revenue
In Q2FY26, Max Financial Services Ltd reported a total income of ₹9798.62 crores. This represents a decrease of 23.6% from the previous quarter, Q1FY26, where the total income was ₹12824.90 crores. When compared to the same quarter in the previous fiscal year, Q2FY25, there is a year-over-year decline of 26.7% from ₹13376.12 crores. These figures indicate a reduction in revenue over both quarterly and yearly periods, reflecting changes in the company's operational environment or market conditions.
Profitability
The profitability of Max Financial Services Ltd in Q2FY26 shows a significant decrease when compared to prior periods. The Profit Before Tax (PBT) for this quarter was ₹6.30 crores, which is a substantial decline of 93.8% from ₹101.48 crores in Q1FY26 and a 96.1% decrease from ₹162.10 crores in Q2FY25. The Profit After Tax (PAT) followed a similar trend, with Q2FY26 figures standing at ₹5.87 crores, down by 93.2% from ₹86.45 crores in Q1FY26 and 95.8% from ₹139.34 crores in Q2FY25. These decreases are reflected in the Earnings Per Share (EPS), which dropped to ₹0.12 from ₹2.03 in Q1FY26 and ₹3.26 in Q2FY25, indicating reduced earnings attributable to shareholders.
Operating Metrics
Key operating metrics for Max Financial Services Ltd during Q2FY26 highlight a challenging quarter. Total expenses for the quarter were ₹9794.10 crores, which is 23.0% lower than the ₹12723.46 crores reported in Q1FY26 and 25.9% less than the ₹13214.12 crores in Q2FY25. This reduction in expenses aligns with the overall decrease in total income. The tax expense for Q2FY26 was ₹0.39 crores, showing a significant reduction of 97.3% from ₹14.50 crores in Q1FY26 and 98.3% from ₹22.76 crores in Q2FY25. These financial metrics suggest a period of reduced financial activity and operational scale compared to previous quarters and the same quarter last year.