Reliance Nippon Life Asset Management has reported results for fourth quarter and year ended March 31, 2018.
The company has reported a rise of 24.39% in its net profit after tax at Rs 153 crore for the quarter ended March 31, 2018 as compared to Rs 123 crore for the same quarter in the previous year. Total income of the company increased by 24.11% at Rs 489 crore for quarter under review as compared to Rs 394 crore for the quarter ended March 31, 2017.
On consolidated basis, the company has reported a rise of 35% in its net profit after tax at Rs 162 crore for the quarter ended March 31, 2018 as compared to Rs 120 crore for the corresponding quarter in the FY17. Total income of the company increased by 26.60% at Rs 514 crore for quarter under review as compared to Rs 406 crore for the same quarter ended previous year.
For the year ended March 31, 2018, the company has posted a rise of 24.69% in its net profit after tax at Rs 505 crore as compared to Rs 405 crore for the same period in the previous year. Total income of company increased 24.71% at Rs 1746 crore for year under review as compared to Rs 1400 crore for the period ended March 31, 2017.
For the year ended March 31, 2018, on the consolidated basis, the company has posted a rise of 29.85% in its net profit after tax at Rs 522 crore as compared to Rs 402 crore for the same period in the previous year. Total income of company increased by 26.39% at Rs 1815 crore for year under review as compared to Rs 1436 crore for the period ended March 31, 2017.
| Company Name | CMP |
|---|---|
| ICICI Prud.Asset Man | 3232.85 |
| HDFC Asset Mngt. Co | 2857.95 |
| Nippon Life India As | 1102.70 |
| Aditya Birla Sun AMC | 1073.40 |
| UTI Asset Management | 974.55 |
| View more.. | |
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