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UTI Asset Management Company consolidated net profit declines 59.68% in the March 2022 quarter

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Capital Market

Sales rise 4.12% to Rs 301.15 crore

Net profit of UTI Asset Management Company declined 59.68% to Rs 53.99 crore in the quarter ended March 2022 as against Rs 133.92 crore during the previous quarter ended March 2021. Sales rose 4.12% to Rs 301.15 crore in the quarter ended March 2022 as against Rs 289.24 crore during the previous quarter ended March 2021.

For the full year,net profit rose 8.13% to Rs 534.29 crore in the year ended March 2022 as against Rs 494.14 crore during the previous year ended March 2021. Sales rose 12.88% to Rs 1319.08 crore in the year ended March 2022 as against Rs 1168.52 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales301.15289.24 4 1319.081168.52 13 OPM %34.9456.31 -52.9154.99 - PBDT106.81160.63 -34 697.00638.81 9 PBT97.34151.62 -36 660.18603.03 9 NP53.99133.92 -60 534.29494.14 8

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First Published: Apr 27 2022 | 8:05 AM IST

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