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Max Financial Services: Stake Sale Looms as Q2 Profit Plunges 96%

Banking/Finance

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Published on 20th November 2025, 1:36 PM

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Author

Satyam Jha | Whalesbook News Team

Overview

Max Ventures Investment Holdings plans to sell a 0.46% stake in Max Financial Services for up to ₹270 crore, with a floor price of ₹1,675.7 per share. This move comes as Max Financial Services reported a steep 96% year-on-year decline in net profit to ₹4.1 crore for Q2 FY26, primarily due to lower earnings from its life insurance arm, Axis Max Life, despite a 13.9% rise in Net Interest Income.