HighPositive
Announced Tue, 21 Jul · 14:30 IST

ABSL AMC Q1 Results: Net profit rises 12% YoY to ₹310 crore; overall AUM climbs to ₹10.7 lakh crore

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Aditya Birla Sun Life AMC reported a 12% year-on-year rise in consolidated net profit to Rs 309.5 crore for Q1 FY27, with revenue from operations up 3% YoY to Rs 463 crore. Overall closing AUM surged to Rs 10.7 lakh crore from Rs 4.4 lakh crore a year earlier, while mutual fund QAAUM grew 6% YoY to Rs 4.28 lakh crore and equity MF QAAUM rose 10% YoY to Rs 1.99 lakh crore. Operating profit, however, declined 4% YoY to Rs 243.7 crore due to a 14% jump in expenses led by a 26% rise in employee benefit costs.