{"id":139505,"date":"2023-01-30T11:36:28","date_gmt":"2023-01-30T16:36:28","guid":{"rendered":"https:\/\/44.250.171.167\/?p=139505"},"modified":"2023-01-30T11:36:29","modified_gmt":"2023-01-30T16:36:29","slug":"nippon-life-india-am-q3fy23-18-growth-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/nippon-life-india-am-q3fy23-18-growth-in-profits\/","title":{"rendered":"Nippon Life India AM Q3FY23; 18% Growth in Profits"},"content":{"rendered":"\n<p>Nippon Life India Asset Management Ltd.&#8217;s revenue in Q3FY23 rose 5% to \u20b9 3,538 millions. Consolidated Profit After Tax came at \u20b9 2,052 millions showcasing a 18% rise YoY over the corresponding period. In this quarter\u2019s\u00a0<a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/45019ccf-b3d9-47ba-a8f2-db6a5040b966.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">results<\/a>, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-NAM-INDIA.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"841\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-NAM-INDIA-841x1024.jpg\" alt=\"\" class=\"wp-image-139506\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-NAM-INDIA-841x1024.jpg 841w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-NAM-INDIA-246x300.jpg 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-NAM-INDIA-768x935.jpg 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-NAM-INDIA-1261x1536.jpg 1261w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-NAM-INDIA.jpg 1280w\" sizes=\"auto, (max-width: 841px) 100vw, 841px\" \/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nippon Life India Asset Management Ltd.&#8217;s revenue in Q3FY23 rose 5% to \u20b9 3,538 millions. Consolidated Profit After Tax came at \u20b9 2,052 millions showcasing a 18% rise YoY over the corresponding period. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":139506,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,1],"tags":[8518],"class_list":["post-139505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","tag-asset-management"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-NAM-INDIA.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":141829,"url":"https:\/\/alphastreet.com\/india\/nippon-life-india-asset-mgmt-q3fy23-earnings-story\/","url_meta":{"origin":139505,"position":0},"title":"Nippon Life India Asset Mgmt. Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 15, 2023","format":false,"excerpt":"In addition to managing managed accounts, which include portfolio management, alternative investment vehicles, and retirement funds, overseas funds, and advisory mandates, Nippon Life India Asset Management also manages mutual fund schemes, including exchange-traded funds (ETFs). Financial Results: In Q3FY23, it recorded an 18% rise in profit after tax (PAT), coming\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-108274999.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-108274999.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-108274999.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142970,"url":"https:\/\/alphastreet.com\/india\/schneider-electric-infrastructure-q3fy23-earnings-story\/","url_meta":{"origin":139505,"position":1},"title":"Schneider Electric Infrastructure Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 13, 2023","format":false,"excerpt":"Schneider Electric Infrastructure (Ticker:\u00a0SCHNEIDER), founded in 2011, designs and manufactures products used for the electricity network including transformers and controllers. The company has manufacturing facilities in Chennai, Kolkata, and Vadodara. The company also offers asset advisory and maintenance services, which accounts for 10% of total revenue.\u00a0 Financial Results: Schneider Electric\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-482986653.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-482986653.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-482986653.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":124286,"url":"https:\/\/alphastreet.com\/india\/nippon-life-india-asset-management-ltd-nam-india-q1-fy22-earnings-concall\/","url_meta":{"origin":139505,"position":2},"title":"Nippon Life India Asset Management Ltd (NAM-INDIA) Q1 FY22 Earnings Concall","author":"Sahil_Anand","date":"July 19, 2021","format":false,"excerpt":"Nippon Life India Asset Management Ltd (NSE:NAM-INDIA) Q1 FY22 Earnings Concall dated\u00a0Jul. 19, 2021","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/Nippon-Life-India-Asset-Management-Ltd-Q1-FY22-Earnings-Concall.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/Nippon-Life-India-Asset-Management-Ltd-Q1-FY22-Earnings-Concall.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/Nippon-Life-India-Asset-Management-Ltd-Q1-FY22-Earnings-Concall.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/Nippon-Life-India-Asset-Management-Ltd-Q1-FY22-Earnings-Concall.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/Nippon-Life-India-Asset-Management-Ltd-Q1-FY22-Earnings-Concall.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/Nippon-Life-India-Asset-Management-Ltd-Q1-FY22-Earnings-Concall.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142036,"url":"https:\/\/alphastreet.com\/india\/nestle-india-limited-q3fy23-66-growth-in-profits\/","url_meta":{"origin":139505,"position":3},"title":"Nestle India Limited Q3FY23; 66% Growth in Profits","author":"Karan_Singh","date":"February 16, 2023","format":false,"excerpt":"Nestle India Limited\u2019s revenue in Q3FY23 rose 14% to \u20b9 40,619 millions. Consolidated Profit After Tax came at \u20b9 6,281 millions in Q3FY23 showcasing a 66% rise on an YoY basis. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key operational\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-NESTLEIND.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-NESTLEIND.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-NESTLEIND.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-NESTLEIND.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-NESTLEIND.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":150107,"url":"https:\/\/alphastreet.com\/india\/nippon-life-india-asset-management-q1-2024-earnings-stay-tuned-for-the-live-earnings-call-and-real-time-transcript\/","url_meta":{"origin":139505,"position":4},"title":"Nippon Life India Asset Management Q1 2024 Earnings: Stay tuned for the live earnings call and real-time transcript","author":"Karan_Singh","date":"July 27, 2023","format":false,"excerpt":"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. Nippon Life India Asset Mgt. will host its first-quarter 2024 earnings conference call at 5:00 p.m.\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138782,"url":"https:\/\/alphastreet.com\/india\/polycab-india-ltd-q3fy23-14-growth-in-profits\/","url_meta":{"origin":139505,"position":5},"title":"Polycab India Ltd. Q3FY23; 14% Growth in Profits","author":"Karan_Singh","date":"January 19, 2023","format":false,"excerpt":"Polycab India Ltd.\u2018s revenues in Q3FY23 rose 10% to \u20b9 37,152 millions. Consolidated Profit After Tax came at \u20b9 3,608 millions showcasing a 14% rise YoY over the corresponding period. In this quarter\u2019s\u00a0investor presentation, the reports suggested that the firm has to improve its working capital cycle to flourish further\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-POLYCAB.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-POLYCAB.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-POLYCAB.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-POLYCAB.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-POLYCAB.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/139505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=139505"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/139505\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/139506"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=139505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=139505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=139505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}