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HDFC Asset Management Company standalone net profit rises 4.74% in the December 2020 quarter

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Capital Market

Sales decline 8.17% to Rs 481.86 crore

Net profit of HDFC Asset Management Company rose 4.74% to Rs 369.26 crore in the quarter ended December 2020 as against Rs 352.55 crore during the previous quarter ended December 2019. Sales declined 8.17% to Rs 481.86 crore in the quarter ended December 2020 as against Rs 524.73 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales481.86524.73 -8 OPM %80.0678.82 -PBDT496.62478.67 4 PBT482.62466.03 4 NP369.26352.55 5

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First Published: Jan 20 2021 | 5:19 PM IST

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