Nippon Life India Asset Management saw its shares jump more than 4% in morning trade following impressive Q2 financial results for the quarter ended September 2024.
The company’s net profit surged 47.3% YoY to ₹360.1 crore, compared to ₹244.41 crore in the same period last year. Revenue from operations also saw significant growth, rising 43.7% to ₹571.3 crore, up from ₹397.48 in the same period last year.
As of 9:46 am, Nippon Life shares were trading 4.33% higher at Rs 709.75 on the NSE.
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