Max Financial Services Ltd share price ticked higher by 0.07% to Rs 1232.3. The Company's net profit declined by 15.21% to Rs 100.3 crore, while revenue from operations plunged by 22.50% to Rs 11601.09 crore in Q3FY26 over Q2FY26.
The market capitalization of Life Insurance industry group stocks on BSE stood at Rs 9.82 lakh crore, dropping 13.57%. It has eased by 1.93% over last one week and slid back by 10.52% in last one month while the market capitalization of Max Financial Services Ltd has slipped by 1.38% and 18.46% in the same period respectively.
Profit before tax (PBT) of Max Financial Services Ltd stood at Rs 108.77 crore in Q3 FY26, rallying 1637.54% year-on-year, and tumbling by 21.14% quarter-on-quarter. EBITDA came in at Rs 101 crore, crashing by 1515.13% YoY and plunging by 18.66% sequentially.
Total expenses saw a steep drop of 22.52% to Rs 11496.44 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 11.02 crore, registering a growth of 8.46% YoY.
For the TTM ended FY26, revenue from operations tick up 2.59% to Rs 47674.11 crore, while net profit tanked by 74.32% to Rs 104.44 crore, compared to previous TTM. EBITDA jumped by 44211% to Rs 77.44 crore, and PBT collapsed by 73.39% to Rs 119.77 crore compared to previous TTM.
Max Financial Services Ltd crashed 18.61% in last one year, underperforming the benchmark BSE Sensex which has declined by 13.19% during the same period.