HDFC Asset Management Company reports 10% rise in Q4 net profit

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

25 Apr 2023 Evaluate

HDFC Asset Management Company has reported results for fourth quarter (Q4) and year ended March 31, 2023.

HDFC Asset Management Company has reported 9.50% rise in its net profit at Rs 376.20 crore for the quarter under review as compared to Rs 343.55 crore for the same quarter in the previous year. Total income of the company increased by 9.79% at Rs 637.81 crore for Q4FY23 as compared to Rs 580.93 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 2.21% rise in its net profit at Rs 1,423.92 crore as compared to Rs 1,393.13 crore for the previous year. Total income of the company increased by 2.03% at Rs 2,482.57 crore for year under review as compared to Rs 2,433.20 crore for year ended March 31, 2022.

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.
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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.