Max Financial Services Ltd (BOM:500271)
₹ 1249.1 -6.2 (-0.49%) Market Cap: 429.22 Bil Enterprise Value: 429.66 Bil PE Ratio: 125.91 PB Ratio: 8.38 GF Score: 84/100

Q1 2024 Max Financial Services Ltd Earnings Call Transcript

Aug 10, 2023 / 04:00AM GMT
Release Date Price: ₹857.15 (+8.53%)
Operator

Ladies and gentlemen, good day, and welcome to Max Financial Services Limited's Q1 FY '24 Earnings Conference Call.

(Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Amrit Singh, Chief Financial Officer, Max Financial Services Limited and Max Life Insurance Company Limited. Thank you.

And over to you, sir.

Amrit Pal Singh
Max Financial Services Limited - CFO

Thank you. Good morning, everyone, and welcome to the earnings call of Max Financial Services for the quarter ended June 2023.

Results have been made available on our website, as well on the stock exchanges, last evening.

As well, I am joined by Prashant Tripathy, MD and CEO of Max Life Insurance.

Let me start with the recent development on Axis Bank transactions. We would like to inform you that pursuant to the approval of Max Financial and Max Life both, Axis Bank will be infusing INR 1,612 crores by subscribing to equity shares of Max Life at fair market value determined basis DCF

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