HDFC AMC Q4 Results: Profit Rises 18%, Board Recommends Dividend For FY25

HDFC Asset Management Company Ltd., has posted a rise in both its revenue and net income in its fourth quarter results. The board also recommended a final dividend of Rs 90 per equity share of Rs 5 each for the financial year 2025.

The AMC's net profit rose by 18% to stand at Rs 638 crore on a year-over-year basis. The net profit posted in the year-ago period was Rs 541 crore.

The total income of the company also saw a notable increase of 20.5% this quarter, standing at Rs 1,025 crore for the period. The company had posted a total income of Rs 851 crore in the previous year.

The above-mentioned dividend is subject to the approval of the shareholders at the Annual General Meeting, according to the exchange filing.

• Net profit up 18% to Rs 638 crore versus Rs 541 crore.

• Total income up 20.5% to Rs 1,025 crore versus Rs 851 crore.

For this quarter, the company holds financial assets worth Rs 8,469.91 crore, which is higher than the Rs 7,323.66 crore they reported in the year-ago period.

The total expenses for the quarter stood at Rs 190.41 crore in this quarter, while the year-ago expenses were Rs 172.38 crore, according to the company's profit & loss statement.