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MoneyWireAnalyst Concall: Max Fincl focusing on key distribution partners for growth
Analyst Concall

Max Fincl focusing on key distribution partners for growth

This story was originally published at 10:53 IST on 12 February 2026
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Informist, Thursday, Feb. 12, 2026

 

--Max Financial: Focusing on key distribution partnerships for growth 
--Max Financial: Expect to continue with growth momentum 
--CONTEXT: Comments by Max Financial's mgmt in post-earnings analyst call 
--Max Financial: Got all regulatory approvals for GIFT City office

 

By Sagar Sen and Arundathi A R

 

MUMBAI/NEW DELHI – Max Financial Services Ltd. expects the growth momentum to continue in March quarter of the current financial year, supported by new distribution partnerships. "There is good momentum and the momentum still continues. Whether it is sustainable, at least right now, the momentum still holds good. 
So we don't see much of a concern," the company's management said in a post-earnings analyst call Thursday.

 

On Wednesday, Max Financial, the holding company of Axis Max Life Insurance Ltd., reported a consolidated net profit of INR 365.6 million, down from INR 560.4 million a year ago. Sequentially, the net profit soared 787%. The company's total revenue from operations rose 60% on year to INR 142.59 billion in the December quarter. At 60%, the rise in revenue from operations was the highest in 11 quarters.

 

"Going ahead, we remain focussed on deepening our existing partnerships while scaling newly on-boarding relationships, to further accelerate the growth in this segment. Happy to note that our growth trajectory continues in the month of January as well," the management said.

 

In its investor presentation, the insurer said it had successfully on-boarded 51 new partners during Apr-Dec. Of these, 24 were group partners and 27 retail partners.

 

The company further informed analysts that it had received all the requisite regulatory approvals to establish an office in GIFT City. "This will add as a strategic hub to enhance access, improve service delivery, and capture growing opportunities in this segment," the management said.

 

At 1040 IST, shares of the company were 0.9% higher at INR 1,749 on the National Stock Exchange.  End 

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Avishek Dutta

 

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