Nippon Life India AM Q3FY23; 18% Growth in Profits

Nippon Life India Asset Management Ltd.’s revenue in Q3FY23 rose 5% to ₹ 3,538 millions. Consolidated Profit After Tax came at ₹ 2,052 millions showcasing a 18% rise YoY over the corresponding period. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.