Nippon Life Asset Management has reported results for second quarter ended September 30, 2020.
The company has reported 5.01% rise in its net profit at Rs 140.58 crore for the quarter under review as compared to net profit of Rs 133.87 crore for the same quarter in the previous year. However, total income of the company decreased by 1.53% at Rs 302.43 crore for Q2FY21 as compared Rs 307.13 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 6.21% in its net profit attributed to owners at Rs 145.31 crore for the quarter under review as compared to net profit of Rs 136.81 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 0.07% at Rs 322.36 crore for Q2FY21 as compared Rs 322.60 crore for the corresponding quarter previous year.
