Latest News | HDFC AMC Q2 PAT Up 2 Pc to Rs 344 Cr
Get latest articles and stories on Latest News at LatestLY. HDFC Asset Management Company (AMC) on Monday reported a nearly 2 per cent growth in profit after tax (PAT) to Rs 344.38 crore for the three months to September 2021.
New Delhi, Oct 25 (PTI) HDFC Asset Management Company (AMC) on Monday reported a nearly 2 per cent growth in profit after tax (PAT) to Rs 344.38 crore for the three months to September 2021.
In comparison, the firm had posted a PAT of Rs 338.06 crore in the same quarter of the preceding fiscal, the asset management company said in a regulatory filing to the stock exchanges.
The company's total income increased to Rs 608.4 crore in the period under review from Rs 569.95 crore in the quarter ended September 30, 2020.
HDFC AMC, investment manager to HDFC Mutual Fund, said its average assets under management (AAUM) surged by 17 per cent to Rs 4.39 lakh crore as of September 2021, from Rs 3.75 lakh crore in the same quarter of the preceding financial year.
Also Read | REET Answer Key 2021 Released, Candidates Can Check Answer Keys, Raise Objections Online at reetbser21.com.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)