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PratapDarpan > Blog > Top News > CAMS Q2 Results: Profit up 45% to Rs. 122 crores
Top News

CAMS Q2 Results: Profit up 45% to Rs. 122 crores

PratapDarpan
Last updated: 28 October 2024 22:25
PratapDarpan
8 months ago
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CAMS Q2 Results: Profit up 45% to Rs. 122 crores
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CAMS, which acts as registrar and transfer agent for mutual funds, on Monday reported a 45 percent rise in profit after tax to Rs 122.5 crore in the three months ended September 2024. Its profit after tax is Rs. was 84.51. In the corresponding quarter of the previous financial year.

In the July-September quarter of the current financial year (FY25), the company’s income from operations grew by 33 per cent to Rs. 365.17 which in the corresponding period of the previous year was Rs. 275 crores.

“Our overall assets under service touched a lifetime high of Rs 45 lakh crore, registering the highest asset growth ever in the quarter. Strong retail participation in equity assets through SIPs and NFOs pushed our equity net-sales to around Rs 1 lakh crore. has touched .in the second quarter and recorded a staggering 59 per cent year-on-year growth in the equity asset base,” said Anuj Kumar, CEO of the company.

In the first half of FY25, CAMS reported Rs. 696.57 crore, an increase of 30 per cent year-on-year and profit after tax (PAT) rose 43.4 per cent to Rs. 230.68 crores.

CAMS Board has decided to pay Rs. 25 has been approved as an interim dividend of Rs. Includes a special dividend of 10.50.

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    CAMS (Computer Edge Management Services) is a technology driven financial infrastructure and services provider with over two decades of experience to mutual funds and other financial institutions.

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