Aditya Birla Sun Life Asset Management Company’s net profit in the March quarter fell 18 per cent to ₹187 crore against ₹228 crore logged in the same period last year, due to a decline in other income that dragged down total income in the quarter.
Revenue from operations increased 7 per cent to ₹458 crore (₹428 crore), but overall income fell 15 per cent to ₹425 crore (₹501 crore) as there was a net loss of ₹33 crore in other income, against ₹72 crore earning last year.
The AMC has declared a dividend of ₹25.50 per share.
The quarterly average assets under management increased 14 per cent to ₹4.36 lakh crore (₹3.82 lakh crore) in the quarter under review.
Despite market turbulence, equity assets were up 17 per cent at ₹1.97 lakh crore (₹1.69 lakh crore), while that of fixed income was up 12 per cent at ₹2.38 lakh crore.
The SIP contribution increased to ₹1,204 crore (₹1,169 crore) as new SIP registrations jumped to 61,700 (54,300). However, contributing SIP accounts were down at 4.05 million (4.20 million).
In the financial year ended March, the fund house registered a 5 per cent increase in net profit at ₹975 crore (₹931 crore), while revenue was up nine per cent at ₹1,845 crore (₹1,685 crore). Overall income jumped 4 per cent to ₹2,059 crore (₹1,986 crore) though other income was down at ₹214 crore (₹301 crore).
Shares of the fund house were up 3 per cent at ₹1,049 on Thursday despite bearish market sentiments.
Published on April 23, 2026