Aditya Birla Sun Life AMC shares dropped 8% after the company announced its Q3 results. As of 10:31 AM, the shares were trading 7.55% lower at Rs 594.90.
The company reported a 7.3% YoY increase in net profit for Q3 FY25, reaching ₹224.5 crore, compared to ₹209.3 crore in the same quarter last year. This growth came alongside a 30.3% surge in revenue from operations, totaling ₹445.1 crore, up from ₹341.5 crore in Q3 FY24.
The company achieved a significant 41.2% rise in EBITDA, which stood at ₹274.3 crore, with a stable EBITDA margin of 61.6%. ABSLAMC also saw strong growth in its QAAUM (Quarterly Average Assets Under Management), which rose by 23% YoY to ₹4 lakh crore. The equity mutual fund segment saw a 32% YoY increase in QAAUM, reaching ₹1.79 lakh crore, reflecting a positive trend in its asset mix.
In terms of assets under management (AUM), the overall mutual fund (MF) QAAUM remained flat QoQ. The equity QAAUM, however, dipped by 1% QoQ, while both SIP (Systematic Investment Plan) flows and new SIP registrations showed a decline.
Aditya Birla Sun Life AMC shares opened today at ₹630.30, reaching a high of ₹643.20 and a low of ₹587.00. Over the past year, the stock has seen a 52-week high of ₹911.85 and a 52-week low of ₹450.25.
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