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HDFC AMC Q3 Results Review - Yes Securities Recommends 'Add' On The Stock; Sees 16% Upside; Here's Why
Operating expenses for the quarter were lower due to lack of NFOs and lower CSR expenses, adds the brokerage.
15 Jan 2025, 10:12 AM IST 
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HDFC AMC's overall calculated revenue yield has inched up 1 bp QoQ to 47 bps in Q3, despite share of equity in total AUM declining 80 bps QoQ.
(Photographer: Radhakisan Raswe/NDTV Profit)
HDFC AMC's revenue from operations at Rs 9,344 million was up 5.3%/39.2% QoQ/YoY, leading/lagging the growth in quarterly average assets under management of 3.8%/42.8% QoQ/YoY.
