Nippon Life India Asset Management has reported results for first quarter ended June 30, 2022.
The company has reported a fall of 29.39% in its net profit at Rs 120.95 crore for the quarter under review as compared to Rs 171.30 crore for the same quarter in the previous year. Total income of the company decreased by 15.87% at Rs 287.91 crore for Q1FY23 as compared Rs 342.21 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 36.96% in its net profit at Rs 114.34 crore for the quarter under review as compared to Rs 181.38 crore for the same quarter in the previous year. Total income of the company decreased by 18.91% at Rs 299.37 crore for Q1FY23 as compared Rs 369.18 crore for the corresponding quarter previous year.
