ICICI Prudential Asset Management Company is expected to report a 5 per cent increase in net profit in the March quarter as the overall market still remains higher than last year.

However, on a sequential basis, the fund house’s profit and revenue will come under pressure due to market turbulence.

According to various brokerage firms, revenue in the March quarter will increase over 18 per cent year-on year.

The second-largest asset management company by AUM after SBI Mutual Fund, ICICI MF has registered strong inflows resulting in a sharp rise in market share.

However, yields may come under pressure in the fixed income space due to the sharp market correction witnessed in March.

On Friday, the stock touched a record high of ₹3,430 on NSE leading overall gain of 19 per cent last week.

However, it fell 17 per cent from its February low due the bearish sentiment in equity market sentiment.

The benchmark Nifty 50 has plunged nearly 16 per cent from its February high to April due to war in West Asia.

Kotak Institutional Equities expects profit to grow 5.6 per cent compared to year-ago period but declining 20 per cent on sequential basis, while Equirus expects bottomline to grow 7.4 per cent YoY but to fall 19 per cent QoQ on lower treasury income.

Published on April 13, 2026