Aditya Birla Sun Life AMC Profit Rises 7% in Dec Quarter
Aditya Birla Sun Life AMC reported a 7% increase in profit after tax to Rs 224.5 crore in the December quarter, driven by a 30% surge in revenue. The company's AUM reached Rs 3.84 lakh crore, reflecting a 23% year-on-year growth.
New Delhi, Jan 27 (PTI) Aditya Birla Sun Life AMC on Monday reported a 7 per cent growth in profit after tax (PAT) to Rs 224.5 crore for three months ended December 2024.
The company posted a PAT of Rs 209.3 crore in the same quarter preceding fiscal, the asset management firm said in a regulatory filing.
Revenue from operations surged 30 per cent to Rs 445.1 crore in the October-December quarter of the current fiscal against Rs 341.5 crore a year ago.
Aditya Birla Sun Life Mutual Fund's assets under management (AUM) reached Rs 3.84 lakh crore at the end of December 2024, reflecting a 23 per cent year-on-year growth.
Shares of the asset management company settled 9.03 per cent lower at Rs 643.3 apiece on the BSE.
The company posted a PAT of Rs 209.3 crore in the same quarter preceding fiscal, the asset management firm said in a regulatory filing.
Revenue from operations surged 30 per cent to Rs 445.1 crore in the October-December quarter of the current fiscal against Rs 341.5 crore a year ago.
Aditya Birla Sun Life Mutual Fund's assets under management (AUM) reached Rs 3.84 lakh crore at the end of December 2024, reflecting a 23 per cent year-on-year growth.
Shares of the asset management company settled 9.03 per cent lower at Rs 643.3 apiece on the BSE.
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