HDFC Asset Management Company reports 9% fall in Q1 net profit

HDFC Asset Management Company Ltd. | Finance - Asset Management | BFSI | BSE: 541729 | NSE: HDFCAMC

22 Jul 2022 Evaluate

HDFC Asset Management Company has reported results for first quarter ended June 30, 2022.

The company has reported 9.05% fall in its net profit at Rs 314.19 crore for the quarter under review as compared to Rs 345.45 crore for the same quarter in the previous year. Total income of the company decreased by 12.35% at Rs 532.90 crore in Q1FY23 as compared Rs 607.99 crore for the corresponding quarter previous year.

HDFC Asset Management Company offers a large suite of savings and investment products across asset classes, which provide income and wealth creation opportunities to its customers.

Peers

Company Name	CMP
ICICI Prud.Asset Man	3206.90
SBI Funds Management	562.40
HDFC Asset Mngt. Co	2425.00
Nippon LifeInd.Asset	1153.50
Aditya Birla Sun AMC	1061.15
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.