Nippon Life India Asset Management Ltd Q4FY24; 73% 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 Q4FY24 of ₹468.00 Crores up from ₹348.00 Crore year on year, a rise of 34.48%.

Total Expenses for Q4FY24 of ₹187.00 Crores up from ₹149.00 Crores year on year, a rise of 25.5%.

Consolidated Net Profit of ₹343.00 Crores up 73.23% from ₹198.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.44, up 71.07% from ₹3.18 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.