Aditya Birla Sun Life AMC reports 7% fall in Q2 consolidated net profit

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

27 Oct 2023 Evaluate

Aditya Birla Sun Life AMC has reported results for second quarter ended September 30, 2023 (Q2FY24).

The company has reported 7.12% fall in its net profit at Rs 176.46 crore for Q2FY24 as compared to Rs 189.99 crore for the same quarter in the previous year. However, total income of the company increased by 0.66% at Rs 384.53 crore for Q2FY24 as compared Rs 381.99 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 7.09% fall in its net profit at Rs 178.09 crore for the quarter under review as compared to Rs 191.69 crore for the same quarter in the previous year. However, total income of the company increased by 0.78% at Rs 390.69 crore for Q2FY24 as compared Rs 387.67 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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