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HDFC Asset Management Company Ltd Q1 FY24; 52% rise in Profits

Incorporated in 1999, HDFC Asset Management Company Ltd provides Fund Management Services

Financial Results:

  • HDFC Asset Management Company Ltd reported Revenues for Q1FY24 of ₹575.00 Crores up from ₹522.00 Crore year on year, a rise of 10.15%.
  • Total Expenses for Q1FY24 of ₹161.00 Crores up from ₹148.00 Crores year on year, a rise of 8.78%.
  • Consolidated Net Profit of ₹478.00 Crores up 52.23% from ₹314.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹22.37, up 51.87% from ₹14.73 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

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