Computer Age Management Services (CAMS), a prominent registrar and transfer agent for mutual funds, reported a solid performance for the second quarter of FY25. The company posted a 45% year-over-year (YoY) growth in profit after tax (PAT), reaching ₹122.5 crore for the three months ending September 2024, up from ₹84.51 crore in the same quarter last year.
The company’s revenue from operations saw a notable rise of 33%, climbing to ₹365.17 crore in Q2 FY25, compared to ₹275 crore in Q2 FY24. CAMS attributes this growth to an increase in its assets under service, which reached a record ₹45 lakh crore this quarter. Strong retail participation, especially through Systematic Investment Plans (SIPs) and New Fund Offers (NFOs), contributed significantly, pushing equity net sales close to ₹1 lakh crore and driving a 59% YoY growth in its equity asset base.
Anuj Kumar, CEO of CAMS, highlighted the milestone, stating, “Our overall assets under service touched a lifetime high, with the quarter recording the highest ever asset accretion. Strong retail participation in equity assets propelled our equity net sales and delivered robust growth in our equity asset base.”
For the first half of FY25, CAMS reported a consolidated revenue of ₹696.57 crore, reflecting a 30% YoY increase, while PAT grew by 43.4% to ₹230.68 crore.
In addition, the CAMS board approved an interim dividend of ₹25 per share, including a special dividend of ₹10.50 per share, acknowledging the company’s consistent performance and commitment to rewarding its shareholders.
