Business News

MFSL Consolidated Revenue grows 12 per cent in 9MFY23; Max Life Records Highest Ever Quarterly New Business Margin of 39.2 per cent in Q3FY23

MFSL Consolidated Revenue grows 12 per cent in 9MFY23; Max Life Records Highest Ever Quarterly New Business Margin of 39.2 per cent in Q3FY23

Feb 01, 2023

Noida (Uttar Pradesh) [India], February 1 (ANI/NewsVoir): Max Financial Services Limited (MFSL) today announced its financial results for the third quarter (Q3) and nine months (9M) of the financial year of FY23. In the 9MFY23, MFSL reported consolidated revenues of Rs 21,497 Crore, 3 per cent lower than the previous year, due to lower investment income. Excluding investment income, the consolidated revenues^ at Rs 15,890 Crore, grew 12 per cent. Consolidated PAT at Rs 399 Crore in 9MFY23, up 129 per cent, due to lower new business strain than the corresponding previous period. In Q3FY23, Consolidated Revenue at Rs 8,898 Cr, up 28 per cent and Consolidated PAT at Rs 269 Cr, up 196 per cent.
Yashpal Sharma is coming with CHHIPKALI, to be released nationwide on March 17

Yashpal Sharma is coming with CHHIPKALI, to be released nationwide on March 17

Feb 01, 2023

New Delhi [India], February 1 (ANI/PNN): The film Chhipkali, based on the book "Chhayajapon" by famous writer Vinod Ghosal, is now fully ready and the news is coming that it will be released in theatres across the country on 17th March. The film "Chhipkali" Presents by Studiographe Entertainments and being produced by Suan Silver Screen, the film stars National Award-winning actors Yashpal Sharma, Yogesh Bhardwaj and Tannisttha Biswas in lead roles. In an interview, Yashpal Sharma has even called that Chhipkali is the most memorable film of his career. Detailed information related to the film and its official announcement will be made soon.

NC Global Media initiates the 2023 Edition of NC BlockFiesta in Chennai at Saveetha University

NC Global Media initiates the 2023 Edition of NC BlockFiesta in Chennai at Saveetha University

Feb 01, 2023

Flamingo travels launches Europe Tour Packages for 2023

Flamingo travels launches Europe Tour Packages for 2023

Feb 01, 2023

Innodisk's InnoEx Virtual I/O Expansion Module Drives Efficient Implementation of AI Applications

Innodisk's InnoEx Virtual I/O Expansion Module Drives Efficient Implementation of AI Applications

Feb 01, 2023

More News

Arpit Gupta & Shruti Gupta

SERON - a name that the world trusts for home furnishings and Agro products

Feb 01, 2023

New Delhi [India], February 1 (ANI/GPRC): The name Seron denotes a high-value brand in home furnishings and Agro products. Seron, in a way, is the culmination of years of hard...
Best Agrolife Ltd

Best Agrolife Ltd bags new technical and formulations registrations from CIBRC

Feb 01, 2023

New Delhi [India], February 1 (ANI/NewsVoir): Best Agrolife Ltd (BAL) (BSE: BESTAGRO 539660), one of the top agrochemical companies in India, has obtained registrations from Central Insecticides Board & Registration...
Expleo

Expleo to exhibit at Aero India 2023

Feb 01, 2023

Bengaluru (Karnataka) [India], February 1 (ANI/BusinessWire India): Expleo will be exhibiting at Aero India 2023, the biennial event scheduled to take place in Air Force Station, Yelahanka, Bengaluru, Karnataka, India,...
Free Blankets distribution by BBMP Chief Commissioner along with volunteers of TrekNomads Foundation and Suriya Foundation

TrekNomads Foundation and Suriya Foundation distributed free blankets across Bengaluru in collaboration with Bruhat Bengaluru Mahanagara Palike

Feb 01, 2023
NIIT Foundation in partnership with Cisco celebrates key milestone in cyber skilling

NIIT Foundation in partnership with Cisco celebrates key milestone in Cyber Skilling

Feb 01, 2023
13th Edition of Master Class in Liver Disease Conference 2023 held in Chennai

Rela Hospital conducts Asia's first Consensus Conference on Management of Patients who receive Small Liver Graft

Feb 01, 2023
Bengaluru headquartered Mikro Grafeio appoints U.S. based serial entrepreneur Shyam Kumar as its co-founder

Bengaluru headquartered Mikro Grafeio appoints U.S. based serial entrepreneur Shyam Kumar as its co-founder

Feb 01, 2023
Movate appoints industry veteran Aaron Fender as Chief Delivery Officer for Digital CX Business

Movate appoints industry veteran Aaron Fender as Chief Delivery Officer for Digital CX Business

Feb 01, 2023
Keomi Beauty redefines the J-Beauty space in India

Keomi Beauty redefines the J-Beauty space in India; Targets new product launches in 2023

Feb 01, 2023
Paul Merchants partners with Care Health Insurance

Paul Merchants partners with Care Health Insurance

Feb 01, 2023
Decenpool, the new-age crypto and blockchain trading platform.

Decenpool, the new-age crypto and blockchain trading platform, garners 650+ users in a month

Feb 01, 2023
STL divests its Telecom Products Software business, as a part of its portfolio realignment

STL divests its Telecom Products Software business, as a part of its portfolio realignment

Feb 01, 2023
Toshiba TV M550K - Proficiency in Versatility

Toshiba TV M550K - Proficiency in Versatility

Feb 01, 2023
The World's 1st Home Bar Festival by THE VAULT

The World's 1st Home Bar Festival by THE VAULT

Feb 01, 2023
Tekno Point DEPT® Leadership

Global Digital Agency DEPT Kicks off India Expansion with Adobe Specialists Tekno Point

Feb 01, 2023
ViewTrade reports record growth in 2022, anticipates continued momentum in 2023

ViewTrade reports record growth in 2022, anticipates continued momentum in 2023

Feb 01, 2023
D'Art traces the legacy of its retail design agency in the global markets

D'Art traces the legacy of its retail design agency in the global markets

Feb 01, 2023
IGP collaborates with Ananya Panday for Valentine's Day

IGP collaborates with Ananya Panday for Valentine's Day

Feb 01, 2023
KPIT Technologies Limited

KPIT on track to beat FY23 growth outlook backed by CC Revenue Growth of 44.7 per cent YOY and Net Profit Growth of 43.5 per cent YOY

Feb 01, 2023
India's biggest Management Conclave Yashasvi 2023

SCMHRD conducts the biggest Management Conclave Yashasvi 2023; discussing the G20 initiative

Feb 01, 2023
Praadis Education overcomes financial obstacle for NEET aspirants

Praadis Education overcomes financial obstacle for NEET aspirants

Feb 01, 2023