Listen to this article
Aditya Birla Sun Life AMC reported 11% decline in net profits after tax. The AMC booked net profits of Rs. 166 crore in Sep-Dec 2022 as against Rs. 186 crore Sep-Dec 2021. However, the total revenue from operations increased from Rs. 353 crore to Rs. 363 crore.
Overall, the nine-month net profit figures dipped by 10%. The AMC booked Rs. 461 crore net profit from April 2022 to December 2022 as against Rs. 514.25 crore for the corresponding period.
The fund house reported a quarterly average AUM of Rs. 2.82 lakh crore and shared other key business highlights for December 2022 quarter.
- Reported monthly systematic inflows (including STP) of Rs. 942 crore with 32.6 lakh accounts
- Registered around 2.26 lakh new SIPs (including STPs)
- Added around 1 lakh folios
