HDFC Asset Management Company Ltd. has announced its financial results for the March quarter, showcasing robust growth and profitability. The company reported a consolidated revenue from operations of 9.01 billion rupees and a consolidated net profit of 6.38 billion rupees, reflecting its strong market position and operational efficiency.
Key Highlights:
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- The consolidated revenue from operations reached 9.01 billion rupees, driven by consistent growth in assets under management and higher fee income
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- The consolidated net profit stood at 6.38 billion rupees, underscoring the company’s ability to deliver value to its shareholders
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- HDFC AMC declared a dividend of 90 rupees per share, rewarding its investors with a significant payout
These results highlight HDFC AMC’s resilience and strategic focus on delivering sustainable growth in a competitive market.
Sources: Business Standard, Economic Times, Moneycontrol