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Nippon Life India Asset Management consolidated net profit rises 6.21% in the September 2020 quarter

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Capital Market

Sales decline 13.85% to Rs 258.66 crore

Net profit of Nippon Life India Asset Management rose 6.21% to Rs 145.31 crore in the quarter ended September 2020 as against Rs 136.81 crore during the previous quarter ended September 2019. Sales declined 13.85% to Rs 258.66 crore in the quarter ended September 2020 as against Rs 300.23 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales258.66300.23 -14 OPM %52.7148.34 -PBDT198.86165.88 20 PBT190.96158.28 21 NP145.31136.81 6

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First Published: Oct 27 2020 | 5:25 PM IST

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