Aditya Birla Sun Life AMC Limited (ABSLAMC) announced its unaudited financial results for the quarter and half-year ending September 30, 2024, showcasing substantial growth in revenue, profits, and assets under management.
Key Financial Highlights – Q2 FY25:
- Total Revenue: ₹520 crore, an increase of 33% YoY
- Profit Before Tax: ₹340 crore, up 42% YoY
- Profit After Tax (PAT): ₹240 crore, showing a 36% YoY growth
Asset Under Management (AUM) Highlights:
- Mutual Fund QAAUM: ₹3,833 billion, a 23% YoY increase
- Equity MF QAAUM: ₹1,806 billion, up 39% YoY
- Equity Mix: Improved to 47% in Q2 FY25, up from 42% YoY
Other Key Metrics:
- SIP Book: ₹14.25 billion for September 2024, showing a 47% YoY increase
- New SIP Registrations: ~1.15 million, witnessing a 443% YoY growth
- Folio Count: ABSLAMC serviced 10.2 million folios as of September 30, 2024
Business Highlights:
- ABSLAMC’s overall QAAUM (including Alternate assets) rose by 24% YoY to ₹4,004 billion for the quarter.
- Individual Monthly AUM surged by 28% YoY to ₹2,034 billion, making up 53% of the total Mutual Fund AUM.
- B-30 Monthly AUM grew by 34% YoY to ₹711 billion, accounting for 18% of Mutual Fund AUM.
- Passive AUM reached ₹301 billion as of September 2024.
- Monthly SIP inflows, including Systematic Transfer Plan (STP), grew by 47% YoY to ₹14.25 billion across 4.59 million accounts.
Aditya Birla Sun Life AMC’s strong performance in Q2 FY25 reflects its robust growth strategy and increasing investor participation, with particular emphasis on equity AUM and rising SIP inflows.
