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HDFC Asset Management Company reports 26% rise in Q1 consolidated net profit

15 Jul 2024 Evaluate

HDFC Asset Management Company has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 26.49% rise in its net profit at Rs 603.98 crore for the quarter ended June 30, 2024 as compared to Rs 477.51 crore for the same quarter in the previous year. Total income of the company increased by 29.45% at Rs 948.34 crore for Q1FY25 as compared to Rs 732.59 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 26.47% rise in net profit at Rs 603.76 crore for Q1FY25 as compared to Rs 477.41 crore for the same quarter in the previous year. Total income of the company increased by 29.49% at Rs 948.71 crore for Q1FY25 as compared to Rs 732.64 crore for the corresponding quarter previous year.

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