Nippon Life India AMC Q2 revenue up 22 percent, declares Rs 9.50 dividend
NAM-INDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts less than Nifty Midcap 150 and 0.7 pts less than its Asset Management Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Standalone Q2 revenue from operations rose 22 percent to Rs 746.80 cr versus Rs 611.70 cr. PAT was Rs 316.70 cr versus Rs 338.42 cr, lower due to a Rs 96.76 cr exceptional charge for the Yes Bank AT-1 SEBI settlement. H1 revenue grew 25 percent to Rs 1,467.52 cr, PAT at Rs 803.12 cr. Board declared Rs 9.50 per share interim dividend, record date October 28.
Strong top-line growth and dividend are positives, but one-time SEBI settlement charge hit Q2 PAT. Yes Bank AT-1 ruling favours unitholders, not the company.