HDFC AMC Q1 Results: Net profit jumps 12% YoY to ₹837 crore; revenue surges 14%
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HDFC Asset Management Company reported a 12% year-on-year increase in consolidated net profit for Q1, reaching ₹837 crore, up from ₹748 crore last year. Additionally, the company's consolidated revenue from operations rose by 13.6% YoY to ₹1,100 crore, indicating strong financial performance in the quarter.
HDFC AMC Q1 Results: HDFC Asset Management Company (HDFC AMC) on Wednesday, 15 July, reported a 12% year-on-year increase in consolidated net profit to ₹837 crore for the first quarter, compared with ₹748 crore in the corresponding period last year.
The company's consolidated revenue from operations rose 13.6% YoY to ₹1,100 crore, up from ₹968 crore in the year-ago quarter.
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