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HDFC Asset Management Company standalone net profit rises 3.62% in the June 2020 quarter

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Capital Market

Sales decline 18.42% to Rs 411.49 crore

Net profit of HDFC Asset Management Company rose 3.62% to Rs 302.36 crore in the quarter ended June 2020 as against Rs 291.79 crore during the previous quarter ended June 2019. Sales declined 18.42% to Rs 411.49 crore in the quarter ended June 2020 as against Rs 504.39 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales411.49504.39 -18 OPM %76.9178.46 -PBDT394.10441.80 -11 PBT380.37429.92 -12 NP302.36291.79 4

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First Published: Jul 23 2020 | 2:11 PM IST

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