'
The income from operation of Max Financial Services
increased 8.67% to Rs 12821.65 crore in Q1FY2026. Overall OPM eased to 0.92% in Q1FY2026 from 1.61% in
Q1FY2025, leading to 37.72% fall in operating profit to Rs 118.06 crore. Other expenditure as a percentage of total
income moved up to 98.98% from 98.34% in Q1FY2026. The staff cost as a percentage of total
income increased to 0.10% from 0.05% in Q1FY2026. The provisions as percentage of total income
declined to 0% from 0% in Q1FY2026.
Other income increased 49.77% to Rs 3.25 crore. Interest cost increased 112.07% to Rs 19.68
crore. Depreciation moved down 1.45% to
Rs 0.68 crore. After which, PBT moved
down 44.46% to Rs 100.95 crore.
The effective tax rate increased to 14.36% in Q1FY2026
compared to 14.20% in Q1FY2025.
Provision ...
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