HDFC Asset Management Company standalone net profit rises 26.52% in the March 2021 quarter

Sales rise 5.63% to Rs 502.93 crore

Net profit of HDFC Asset Management Company rose 26.52% to Rs 316.08 crore in the quarter ended March 2021 as against Rs 249.83 crore during the previous quarter ended March 2020. Sales rose 5.63% to Rs 502.93 crore in the quarter ended March 2021 as against Rs 476.13 crore during the previous quarter ended March 2020.

For the full year,net profit rose 5.02% to Rs 1325.76 crore in the year ended March 2021 as against Rs 1262.41 crore during the previous year ended March 2020. Sales declined 7.52% to Rs 1852.53 crore in the year ended March 2021 as against Rs 2003.25 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales502.93476.13 6 1852.532003.25 -8 OPM %78.8078.06 -79.0378.48 - PBDT436.63342.96 27 1804.361703.42 6 PBT423.01329.57 28 1748.951653.05 6 NP316.08249.83 27 1325.761262.41 5

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