News From Press HDFC Asset Management Q3 profit jumps 25% to Rs 243 crore

HDFC Asset Management Q3 profit jumps 25% to Rs 243 crore

Source: The Economic Times Jan 23, 2019

HDFC Asset Management Company Monday posted 25 per cent rise in net profit to Rs 243.3 crore for the third quarter ended December 31.

The fund house had earned a profit of Rs 195.1 crore in the same quarter a year ago.

"Profit before tax for the quarter ended December 31, 2018 was Rs 368.3 crore as compared to Rs 285.1 crore for the quarter ended December 31, 2017 which resulted in an increase of 29 per cent," HDFC Asset Management Company said in a statement.

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