HDFC Asset Management Company has announced that its net profit in the March quarter rose by 18 per cent to ₹638 crore, compared to ₹541 crore logged in the same period last year.

Revenue from operations increased by 30 per cent at ₹901 crore (₹695 crore) while other income declined by 21 per cent at ₹124 crore (₹156 crore).

The fund house will pay a dividend of ₹90 per equity share for FY25, subject to shareholders’ approval.

AUM growth

The quarterly average assets under management of the fund house rose by 26 per cent in March quarter to ₹7.74 lakh crore (₹6.13 lakh crore).

The equity-oriented assets grew by 26 per cent to ₹4.61 lakh crore (₹3.65 lakh crore) while debt assets increased by 16 per cent to ₹1.59 lakh crore (₹1.37 lakh crore). Liquid AUM surged 10 per cent to ₹59,600 crore (₹54,000 crore).

Inflows through Systematic Investment Plan rose by 25 per cent to ₹3,650 crore compared to ₹2,930 crore logged in the same period last year. However, SIP inflows declined q-o-q by four per cent compared to ₹3,820 crore registered in the December quarter.

The share of individual accounts were up 43 per cent to 23.17 million (16.25 million).

income slump

On a sequential basis, HDFC AMC reported a marginal dip in net profit at ₹638 crore (₹641 crore) while income edged down to ₹1,025 crore (₹1,028 crore), in line with the bearish trend in the industry.

For FY25, the fund house reported a 27 per cent increase in net profit at ₹2,460 crore (₹1,943 crore) while income rose to ₹4,060 crore (₹3,163 crore).

The fund house has invested ₹8,289 crore across debt and equity funds.

Published on April 17, 2025