HighPositive
Announced Wed, 15 Jul · 16:02 IST
HDFC AMC Q1 Results: Net profit rises 12% to Rs 837 crore, revenue up 14%
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
HDFC AMC reported a 12% year-on-year rise in net profit to Rs 837 crore for Q1 FY27, with revenue from operations up 14% to Rs 1,099.72 crore. The AMC's AUM stood at Rs 9.32 lakh crore with QAAUM rising nearly 13% year-on-year to Rs 9.35 lakh crore, giving it an 11.2% market share in the mutual fund industry. Shares jumped over 2% to close at Rs 2,724 on NSE after the results, with the company commanding a market capitalisation of about Rs 1.17 lakh crore.