HDFC Asset Management Company Limited announced a robust financial performance for Q2 FY25, with profit after tax rising to ₹576.88 crore, marking a 31.8% year-on-year (YoY) increase from ₹437.56 crore in Q2 FY24. The company reported a total revenue from operations of ₹887.21 crore for the quarter, up from ₹643.08 crore YoY, showing significant growth in its core operations. The consolidated revenue from operations also saw a significant jump to ₹887.21 crore.
Key Data:
Revenue from operations: ₹887.21 crore (YoY increase of 37.9%)
Total income: ₹1,057.82 crore (YoY increase of 38.2%)
Profit after tax: ₹576.88 crore (YoY increase of 31.8%)
Employee benefit expenses: ₹95.69 crore