HDFC Asset Management Company (AMC) announced on Tuesday a 32 per cent year-on-year increase in profit after tax (PAT), reaching ₹576.61 crore for the quarter ending September 2024. In the same period of the previous financial year (FY24), the company’s PAT was ₹436.52 crore.
HDFC AMC reported a 38 per cent increase in its total income, which rose to ₹1,058.19 crore in the July-September quarter, up from ₹765.35 crore during the same period last year, according to a stock exchange filing.