Max Financial Services has released its financial results for Q2 FY25, showcasing a significant rise in total income but a decline in profitability.
Total Income: The company reported a total income of ₹13,376 crore, reflecting a 31.3% increase year-on-year (YoY) compared to ₹10,189 crore in Q2 FY24.
Net Profit (PAT): Net profit fell by 18.2% YoY to ₹139 crore, down from ₹170 crore in the corresponding quarter of the previous fiscal year.
Net Interest Income (NII): The company’s NII saw strong growth, increasing by 45% YoY to ₹115 crore, up from ₹79 crore in Q2 FY24.
