Aditya Birla AMC Q2 net profit dips 8.4% to Rs 221 crore
Aditya Birla Sun Life AMC witnessed an 8.4% decrease in net profit for the September quarter of FY27, coming in at ₹221 crore, down from ₹241.32 crore last year. In contrast, operational revenue grew by 5% to ₹484 crore. The company faced a 21% increase in total expenses, which rose to ₹230 crore. Significantly, the Quarterly...
Key Takeaways
- Aditya Birla Sun Life AMC witnessed an 8.4% decrease in net profit for the September quarter of FY27, coming in at ₹221 crore, down from ₹241.32 crore last year.
- In contrast, operational revenue grew by 5% to ₹484 crore.
- The company faced a 21% increase in total expenses, which rose to ₹230 crore.
Aditya Birla Sun Life AMC witnessed an 8.4% decrease in net profit for the September quarter of FY27, coming in at ₹221 crore, down from ₹241.32 crore last year. In contrast, operational revenue grew by 5% to ₹484 crore. The company faced a 21% increase in total expenses, which rose to ₹230 crore. Significantly, the Quarterly Average Assets Under Management reached ₹4.42 lakh crore, reflecting a 4% year-on-year increase.
Original Publisher Attribution
This summary was curated from Economic Times.