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Max Financial Services profit declines 41% to Rs 47.65 cr in Sept quarter

The company on Tuesday reported an over 41 per cent decline in its consolidated net profit

Max Financial Services | financial sector | finance

Press Trust of India  |  New Delhi 

Banking, Finance, Banks
Imaging: Ajay Mohanty

on Tuesday reported an over 41 per cent decline in its consolidated net profit to Rs 47.65 crore for the quarter ended September 30.

It had posted a net profit of Rs 81.06 crore in the year-ago period. Sequentially, it was up by 33 per cent from Rs 35.81 crore.

The total income increased to Rs 9,327.37 crore in the July-September period this fiscal, against Rs 7,020.11 crore a year ago, said in a regulatory filing.

MFSL shares closed at Rs 1,000.60 apiece on BSE, up 0.08 per cent from the previous close.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Tue, November 09 2021. 20:09 IST