UTI AMC: Net Loss in March Quarter, Revenue Up

New Delhi, Apr 24 (PTI) UTI Asset Management Company reported a consolidated net loss of Rs 67 crore in the three months ended March 2026 compared to a net profit of Rs 87 crore in the same period last year.

Its revenues from operations rose 4 per cent year-on-year to Rs 390 crore during the quarter under review from Rs 376 crore in the January-March quarter of 2025, the asset management firm said in a stock exchange filing.

In the full financial year FY26, the company's net profit declined 45 per cent year-on-year to Rs 404 crore, and revenues dropped 8 per cent to Rs 1,698 crore.


"We are pleased to report our FY25–26 results, which highlight our continued business momentum, with our MF AUM reaching Rs 3.88 lakh crore, and consolidated AUM reaching Rs 23.42 lakh crore. Our gross new SIP inflows crossed 14.5 lakh and total AUM via SIP amounts to Rs 39,812.66 crore," said Vetri Subramaniam, Managing Director and Chief Executive Officer, UTI AMC.

Despite the decline in profit, total Group Assets Under Management (AUM) climbed 11 per cent year-on-year to Rs 23,42,038 crore as of March 31, 2026. Its quarterly Average AUM (QAAUM) for the mutual fund business grew 14 per cent year-on-year to Rs 3.88 lakh crore.

The board has recommended a final dividend of Rs 40 per equity share for the financial year ended March 31, 2026, subject to the approval of the shareholders at the ensuing Annual General Meeting of the company.

On a standalone basis, the asset management firm reported a 73 per cent year-on-year decline in its March quarter profit to Rs 34 crore, and revenue remained flat at Rs 317 crore.