Aditya Birla Sun Life AMC Q1 Results Net Profit Rises to ₹235.71 Crore with Total Income at ₹481.43 Crore

Aditya Birla Sun Life AMC Q1 Results 2024-2025: Aditya Birla Sun Life Asset Management Company announced their Q1 results for the financial year 2024-2025 on July 24, 2024. The company's consolidated revenue for the quarter ending June 30, 2024, reached ₹481.43 crore, reflecting a year-over-year (YoY) increase of 9.4% compared to ₹440.02 crore in Q1 2023-2024.

This growth demonstrates a strong performance despite the challenging market conditions. The company's profit before tax for Q1 2024-2025 also saw a significant YoY rise of 13.8%, moving up from ₹267.57 crore in the same quarter last year.

In terms of expenses, the total expenditure for the quarter was ₹176.92 crore, up by 2.6% YoY from ₹172.45 crore. Despite this increase, the net profit for the period saw a notable YoY improvement of 13.1%, reaching ₹235.71 crore, compared to ₹208.38 crore in Q1 2023-2024.

The company's earnings per share (EPS) also showed positive growth, with the basic EPS rising to ₹8.18 from ₹7.23 in the previous year. Overall, Aditya Birla Sun Life AMC's Q1 results highlight a robust performance and positive financial trajectory for the 2024-2025 fiscal year.

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Aditya Birla Sun Life AMC Q1 Results 2024-2025

Aditya Birla Sun Life Asset Management Company has released its financial results for the first quarter of the fiscal year 2024-2025.

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Aditya Birla Sun Life AMC Current Market Overview

Aditya Birla Sun Life AMC is currently trading at ₹742 per share, with a small increase of 0.27% as of September 11, 2024. The company has a market capitalization of ₹21,389 crore, reflecting its overall value in the stock market. The stock's price-to-earnings ratio is 25.7, and it offers a dividend yield of 1.82%.

With a book value of ₹110 per share, the company's return on capital employed (ROCE) is 34.9%, and its return on equity (ROE) is 27.4%, indicating strong financial performance. The stock has ranged between ₹775 and ₹407 in recent times, showing some volatility.

Quarterly Results

Here is a summary of Aditya Birla Sun Life AMC's quarterly financial results for December 2023, March 2024, and June 2024:

About Aditya Birla Sun Life AMC

Aditya Birla Sun Life Asset Management Company is a major investment management firm based in India. It was formed as a joint venture between Aditya Birla Capital and Sun Life Financial Inc. from Canada.

The company is known for managing a wide range of investment products, including mutual funds and portfolio management services. With a strong presence in the Indian financial market, Aditya Birla Sun Life Asset Management focuses on delivering value to its investors through diverse and innovative investment solutions.

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