Aditya Birla Sun Life AMC reports 79% rise in Q1 consolidated net profit

Aditya Birla Sun Life AMC Ltd. | Finance - Asset Management | BFSI | BSE: 543374 | NSE: ABSLAMC

27 Jul 2023 Evaluate

Aditya Birla Sun Life AMC has reported results for first quarter ended June 30, 2023 (Q1FY24).

Aditya Birla Sun Life AMC has reported 79.84% rise in its net profit at Rs 182.57 crore for the quarter under review as compared to Rs 101.52 crore for the same quarter in the previous year. Total income of the company increased by 42.84% at Rs 383.10 crore for Q1FY24 as compared Rs 268.21 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 79.47% rise in net profit at Rs 184.57 crore for the quarter ended June 30, 2023 as compared to Rs 102.84 crore for the same quarter in the previous year. Total income of the company increased by 42.09% at Rs 388.91 crore for Q1FY24 as compared Rs 273.70 crore for the corresponding quarter previous year.

Peers

Company Name	CMP
ICICI Prud.Asset Man	3183.65
SBI Funds Management	531.10
HDFC Asset Mngt. Co	2377.00
Nippon LifeInd.Asset	1156.00
Aditya Birla Sun AMC	1014.70
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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
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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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