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(As on Apr 28, 2025, 19:30)

Nippon Life AMC Q4 net profit down 11.29% at Rs 295.78 cr

The company reported standalone net profit of Rs 295.78 crore for the quarter ended March 31, 2025 as compared to Rs 333.43 crore in the same period last year, registering a year-on-year decline of 11.29 per cent.

Net revenue of the company rose substantially by 21.94 per cent at Rs 526.46 crore in January-March quarter of this fiscal as against Rs 431.75 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 15.24 per cent to Rs 167.93 crore from Rs 145.72 crore in year ago period.

Other Income dipped by 70.03 per cent at Rs 25.58 crore versus (Mar'24 Rs 85.34 crore).

Operating Profit surged by 25.35 per cent to Rs 358.53 crore as against Rs 286.03 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.79 per cent in March quarter.

Interest grew by 9.43 per cent y-o-y to Rs 1.74 crore, while Taxation increased by 115.96 per cent at Rs 78.50 crore (Mar'24 Rs 36.35 crore).

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