UTI Asset Management Company (UTI AMC) shares surged over 5% as the company posted impressive Q2 FY25 results. Key financial metrics showed strong growth, with UTI AMC’s sales rising by 33.25% to Rs 538.40 crore, compared to Rs 404.06 crore in the same quarter last year.
Highlights from UTI AMC’s Q2 FY25 Results
- Sales Growth: Sales increased by 33% year-on-year, reaching Rs 538.40 crore.
- Net Profit: Net profit climbed 30.83% to Rs 239.17 crore, compared to Rs 182.81 crore in Q2 FY24.
- Profit Margins: Operating profit margin (OPM) improved to 64.69%, reflecting strong operational efficiency.
The stock opened at Rs 1,192.00, reaching a high of Rs 1,244.00 and a low of Rs 1,181.30.
As of 9:45 am, UTI AMC shares were trading 5.08% higher at Rs 1,205.75 on the NSE.
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