Aditya Birla Sun Life AMC Q4 Results: Profit Grows 9% To Rs 228 Crore
The board of directors of the company in its meeting recommended a dividend of Rs 24 per equity share for fiscal 2024-25.
Aditya Birla Sun Life AMC Ltd. posted a 9% increase in the net profit to Rs 228.1 crore for the quarter ended March 2025, as per an exchange filing on Monday. The company had posted a net profit of Rs 208.4 crore in the same quarter preceding fiscal.
Revenue from operations surged by 17% to Rs 429 crore in the January-March quarter of the financial year 2024-25 from Rs 365.6 crore in the year-ago period, the asset management firm said.
The board of directors of the company in its meeting recommended a dividend of Rs 24 per equity share for fiscal 2024-25.
For the entire financial year 2024-25, the company's net profit was at Rs 930.6 crore, an increase of 19% from the preceding fiscal. Its total income stood at Rs 1,685 crore, marking a jump of 25% year-on-year.
ABSL AMC is one of the leading asset management companies in India with quarterly average assets under management of Rs 3.82 lakh crore as of March this year, as per filing.
Aditya Birla Sun Life AMC, a joint venture between Aditya Birla Capital and Sun Life (India) AMC Investments Inc, is primarily the investment manager of Aditya Birla Sun Life Mutual Fund.
(With inputs from PTI)
