ALFA Filings
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Max Financial Services Q1 FY27 consolidated PAT stood at INR 180 crore. Management reported a 33% YoY growth in VNB, reaching a margin of 23.2%, driven by a higher protection product mix and favorable yields.
Max Financial Q1 FY27 results show strong topline growth led by protection and annuity segments, with VNB margins expanding to 23.2% despite GST headwinds. Management remains optimistic about sustained outperformance versus industry growth rates.
Max Financial Services Q1FY27: MFSL revenue grew 18% to Rs 7,289 Cr (excl. investment income), with Consolidated PAT at Rs 118 Cr. Axis Max Life achieved Rs 2 Lakh Cr AUM milestone.