HDFC AMC Q1 Results: Company released first quarter results, revenue increased by 10 percent
HDFC AMC: HDFC's Management Asset Company has announced its quarterly results. The net profit and net income of the company have also increased this quarter. Along with this, the EBITDA of the company has also increased. The stock of the company has also seen a boom in the market. Let us know about it in detail.
HDFC Asset Management Company (AMC) on Monday announced its quarterly results for the quarter ended June. This quarter company Calnet profit has increased by 52 percent. The net profit of the company this quarter has gone up to Rs 477.5 crore. The net profit of the company was Rs 314.2 crore in the same period a year ago. HDFC AMC has given this information in a regulatory filing.
The company's revenue this quarter has increased by 10 percent. Now it has become Rs 574.5 crore. At the same time, the company's revenue in the April-June quarter of the last financial year was Rs 521.6 crore. At the same time, the average assets of the company have gone up to Rs 4.86 lakh crore. It was Rs 4.15 lakh crore a year ago.
This quarter also saw an increase in the EBITDA of the company. This quarter it increased from Rs 390 crore to Rs 429 crore. Along with this, the margin of the company has also seen a decline. Now the company's margin has come down from 74.7 percent to 74.6 percent. The company has given a return of 23.11 percent to investors in one month. The company had given a 39.60 percent return in the last quarter. At the same time, in 1 year the company has given a 30.74 percent return to the investors.
The company provides mutual fund customer service to a total of 71 lakh individuals. HDFC AMC shares closed marginally lower at Rs 2,498.15 on BSE today.
