Summary of Key Information:

Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Approval of unaudited standalone and consolidated financial results

Audit Opinion:

Unmodified review opinion with Emphasis of Matter regarding SEBI show cause notice

Key Financial Highlights [Rs. in Crores]:

Consolidated Results:

Revenue from Operations:

  • Q1 FY27: ₹14,969.51 crore
  • Q4 FY26: ₹10,801.94 crore
  • Q1 FY26: ₹12,821.65 crore
  • FY26: ₹47,674.11 crore

Total Income:

  • Q1 FY27: ₹14,976.61 crore
  • Q4 FY26: ₹10,805.48 crore
  • Q1 FY26: ₹12,824.90 crore
  • FY26: ₹47,696.43 crore

Profit/(Loss) Before Tax:

  • Q1 FY27: ₹137.92 crore (profit)
  • Q4 FY26: ₹(38.07) crore (loss)
  • Q1 FY26: ₹101.48 crore (profit)
  • FY26: ₹119.77 crore (profit)

Profit/(Loss) After Tax:

  • Q1 FY27: ₹118.29 crore (profit)
  • Q4 FY26: ₹(33.20) crore (loss)
  • Q1 FY26: ₹86.98 crore (profit)
  • FY26: ₹104.44 crore (profit)

EPS (Basic) - Continued Operations:

  • Q1 FY27: ₹2.78
  • Q4 FY26: ₹(0.81)
  • Q1 FY26: ₹2.04
  • FY26: ₹2.42

Other Equity:

  • As of June 30, 2026: ₹5,213.13 crore

Standalone Results:

Total Income:

  • Q1 FY27: ₹5.64 crore
  • Q4 FY26: ₹17.12 crore
  • Q1 FY26: ₹3.04 crore
  • FY26: ₹30.68 crore

Profit/(Loss) After Tax:

  • Q1 FY27: ₹0.73 crore (profit)
  • Q4 FY26: ₹10.17 crore (profit)
  • Q1 FY26: ₹(2.52) crore (loss)
  • FY26: ₹5.90 crore (profit)

EPS (Basic):

  • Q1 FY27: ₹0.02
  • Q4 FY26: ₹0.29
  • Q1 FY26: ₹(0.07)
  • FY26: ₹0.17

Other Equity:

  • As of March 31, 2026: ₹6,679.79 crore

Segment-wise Performance:

Consolidated Segment Revenue:

Life Insurance Segment:

  • Q1 FY27: ₹14,968.42 crore
  • Q4 FY26: ₹10,802.09 crore
  • Q1 FY26: ₹12,820.67 crore
  • FY26: ₹47,671.49 crore

Business Investments Segment:

  • Q1 FY27: ₹6.12 crore
  • Q4 FY26: ₹20.22 crore
  • Q1 FY26: ₹5.90 crore
  • FY26: ₹38.71 crore

Consolidated Segment Results:

Life Insurance Segment Profit/(Loss):

  • Q1 FY27: ₹168.24 crore (profit)
  • Q4 FY26: ₹(2.68) crore (loss)
  • Q1 FY26: ₹119.95 crore (profit)
  • FY26: ₹221.56 crore (profit)

Business Investments Segment Profit/(Loss):

  • Q1 FY27: ₹(1.89) crore (loss)
  • Q4 FY26: ₹(3.78) crore (loss)
  • Q1 FY26: ₹(2.04) crore (loss)
  • FY26: ₹(12.23) crore (loss)

Policyholders' Income and Expenses from Life Insurance Operations:

Policyholders' Income:

  • Q1 FY27: ₹14,742.11 crore
  • Q4 FY26: ₹10,722.51 crore
  • Q1 FY26: ₹12,631.33 crore
  • FY26: ₹47,038.12 crore

Policyholders' Expenses:

  • Q1 FY27: ₹14,788.09 crore
  • Q4 FY26: ₹10,787.39 crore
  • Q1 FY26: ₹12,685.72 crore
  • FY26: ₹47,387.65 crore

Corporate Actions:

Not Specified

Other Significant Information:

Trading Window Closure:

  • Trading window closed from July 1, 2026, and remained closed till 48 hours after declaration of results i.e., till August 15, 2026.

Entities in Consolidation:

  • Axis Max Life Insurance Limited (Subsidiary)
  • Max Financial Employees Welfare Trust (Controlled Trust)
  • Max Life Pension Fund Management Limited (Subsidiary, undergoing liquidation)

Accounting Policy:

  • IRDAI has mandated insurance companies to prepare financial statements in accordance with Ind AS from April 1, 2026.
  • AMLI has obtained forbearance from IRDAI to defer adoption of Ind AS by one year.
  • During forbearance period, the company continues to follow applicable regulatory framework.