HDFC Asset Management Company standalone net profit rises 8.69% in the March 2022 quarter

Sales rise 2.65% to Rs 516.28 crore

Net profit of HDFC Asset Management Company rose 8.69% to Rs 343.55 crore in the quarter ended March 2022 as against Rs 316.08 crore during the previous quarter ended March 2021. Sales rose 2.65% to Rs 516.28 crore in the quarter ended March 2022 as against Rs 502.93 crore during the previous quarter ended March 2021.

For the full year,net profit rose 5.08% to Rs 1393.13 crore in the year ended March 2022 as against Rs 1325.76 crore during the previous year ended March 2021. Sales rose 14.19% to Rs 2115.36 crore in the year ended March 2022 as against Rs 1852.53 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales516.28502.93 3 2115.361852.53 14 OPM %76.2178.80 -75.6379.03 - PBDT456.06436.63 4 1909.141804.36 6 PBT442.65423.01 5 1855.291748.95 6 NP343.55316.08 9 1393.131325.76 5

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