X

Nippon Life India Asset Management Ltd Q1FY25; 41% rise in Profits

Nippon Life India Asset Mgt. is engaged in managing mutual funds including exchange traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds and pension funds; and offshore funds and advisory mandates.

Financial Results:

Nippon Life India Asset Management Ltd reported Revenues for Q1FY25 of ₹505.00 Crores up from ₹354.00 Crore year on year, a rise of 42.66%.

Total Expenses for Q1FY25 of ₹198.00 Crores up from ₹161.00 Crores year on year, a rise of 22.98%.

Consolidated Net Profit of ₹332.00 Crores up 40.68% from ₹236.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.26, up 39.15% from ₹3.78 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.

Related Post