HDFC AMC Limited (NSE: HDFCAMC) has reported its financial results for the second quarter of the fiscal year 2023. The company’s Revenue for the quarter was ₹559.56 crore, representing an increase of 2.7% compared to the same period in the previous year. The Consolidated Net Profit for the business remained flat year over year, to ₹369.16 Crore from ₹364.85 Crore. Quarterly Average Assets under management (QAAUM) of the company stood at ₹4,448 billion, a decline of 0.5% compared to the second quarter of the previous year. This contraction also reflected on the top & bottom line in the company’s P&L. As of December 31, 2022, 66% of the company’s total monthly average AUM is contributed by individual investors compared to 58% for the industry.
Overall, the company reported a flat earnings in the third quarter of the fiscal year 2023. The management commented, “We have paid a final dividend of ₹42 per equity share for the year ended March 2022 as approved by its shareholders at the annual general meeting held on June 29, 2022.”
Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?
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