Results - Announcements
HDFC Asset Management Company Ltd share price headed higher 5.80% to Rs 2412.35 after the company's net profit dropped 10.56% to Rs 748.73 crore, while revenue from operations slightly gained 6.41% to Rs 1170.22 crore in Q3FY26 over Q2FY26.
The market capitalization of Asset Management Company industry group stocks on BSE stood at Rs 3.98 lakh crore, rising 7.20%. It has inched up 0.55% over last one week and rallied by 16.86% in last one month while the market capitalization of HDFC Asset Management Company Ltd has improved by 6.69% and 8.95% in the same period respectively.
Profit before tax (PBT) of HDFC Asset Management Company Ltd stood at Rs 976.66 crore in Q3 FY26, climbing 11.50% year-on-year, and falling 10.32% quarter-on-quarter. EBITDA came in at Rs 855 crore, expanding by 21.88% YoY and jumping 46.42% sequentially.
Total expenses marginally dropped 3.19% to Rs 264.82 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 141.74 crore, softening 1.30% YoY.
For the TTM ended FY26, revenue from operations improved 17.83% to Rs 4122.16 crore, while net profit expanded by 16.17% to Rs 2858.06 crore, compared to previous TTM. EBITDA surged by 223416% to Rs 2781.97 crore, and PBT registered a growth of 12.89% to Rs 3709.15 crore compared to previous TTM.
HDFC Asset Management Company Ltd nosedived by 16.21% in last one year, underperforming the benchmark BSE Sensex which has slipped by 10.04% during the same period.