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HDFC Asset Management Company Ltd Q2FY24; 20% 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 Q2FY24 of ₹643.00 Crores up from ₹545.00 Crore year on year, a rise of 17.98%.
  • Total Expenses for Q2FY24 of ₹176.00 Crores up from ₹155.00 Crores year on year, a rise of 13.55%.
  • Consolidated Net Profit of ₹438.00 Crores up 20.33% from ₹364.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹20.50, up 20.09% from ₹17.07 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.

Tags: AMC
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