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This Article is From Oct 31, 2022

Aditya Birla Sun Life AMC Q2 Results Review - Revenue Yield Inches Up Due To Mix Change: Yes Securities

Aditya Birla Sun Life AMC Q2 Results Review - Revenue Yield Inches Up Due To Mix Change: Yes Securities
Indian rupee banknotes arranged for photograph. (Source: Unsplash)
STOCKS IN THIS STORY
Aditya Birla Sun Life AMC Ltd
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BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

Yes Securities Report

Aditya Birla Sun Life AMC Ltd.'s revenue from operations at Rs 3,111 million was up/down 2.2%/-6.3% QoQ/YoY, higher than the sequential quarterly average assets under management growth of 0.4% QoQ.

Share of equity in AUM (including hybrid funds) at 43% was up 61 basis points QoQ and 353 bps YoY (calculated on rounded off figures).

Share of B-30 in AUM at 16.3% was up 40 bps QoQ and 44 bps YoY.

Share of mutual fund distributors, banks, national distributors and direct was 32%, 8%, 17% and 43%, respectively in overall AUM (excluding ETF).

Aditya Birla Sun Life AMC's operating profit margin for the quarter, at 58.6%, was down -104 bps QoQ and -176 bps YoY.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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