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Nippon Life India Asset Management consolidated net profit declines 17.88% in the December 2021 quarter

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Capital Market

Sales rise 26.10% to Rs 338.53 crore

Net profit of Nippon Life India Asset Management declined 17.88% to Rs 174.05 crore in the quarter ended December 2021 as against Rs 211.95 crore during the previous quarter ended December 2020. Sales rose 26.10% to Rs 338.53 crore in the quarter ended December 2021 as against Rs 268.46 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales338.53268.46 26 OPM %62.6754.74 -PBDT241.91276.29 -12 PBT235.46268.52 -12 NP174.05211.95 -18

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First Published: Jan 27 2022 | 4:51 PM IST

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