HDFC Asset Management Company has reported results for first quarter ended June 30, 2023 (Q1FY24).
HDFC Asset Management Company has reported 51.98% rise in its net profit at Rs 477.51 crore for the quarter under review as compared to Rs 314.19 crore for the same quarter in the previous year. Total income of the company increased by 37.47% at Rs 732.57 crore for Q1FY24 as compared Rs 532.90 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.