Wednesday, October 16, 2024
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Surat
28 C
Surat
Wednesday, October 16, 2024

HDFC AMC Q2 Results: Net profit up 32% YoY to Rs. 577 crores

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HDFC Asset Management Company (AMC) on Tuesday reported a 32 per cent year-on-year growth in profit after tax (PAT) for the three months ended September 2024. In the same quarter of the previous financial year (FY24).

Its total revenue rose 38 percent to 1,058.19 crore in the July-September quarter from Rs. 765.35 crore, HDFC AMC said in a stock exchange filing.

For the half-year ended September 2024, the company reported Rs. 1,180.37 crore PAT and Rs. 2,007 crore in gross revenue.

Shares of HDFC AMC on the BSE rose 1.11 percent to Rs. was trading at 4533.

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