Results - Announcements
UTI Asset Management Company Ltd share price declined by 4.06% to Rs 816.0 after the company's net profit tumbled by 54.98% to Rs 132.31 crore, while revenue from operations dropped sharply 28.95% to Rs 414.59 crore in Q3FY26 over Q2FY26.
The market capitalization of Asset Management Company industry group stocks on BSE stood at Rs 4.99 lakh crore, slipping 0.97%. It has slipped by 7.94% over last one week and tumbled 15.09% in last one month while the market capitalization of UTI Asset Management Company Ltd has softened by 6.20% and 7.33% in the same period respectively.
Profit before tax (PBT) of UTI Asset Management Company Ltd stood at Rs 175.2 crore in Q3 FY26, easing 6.76% year-on-year, and plunging by 52.38% quarter-on-quarter. EBITDA came in at Rs 188 crore, gaining 9.88% YoY and nosediving by 50.22% sequentially.
Total expenses advancing by 10.25% to Rs 239.56 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 128.2 crore, inching up 5.40% YoY.
For the TTM ended FY26, revenue from operations eased 8.27% to Rs 1698.05 crore, while net profit tanked by 41.89% to Rs 472.43 crore, compared to previous TTM. EBITDA surged by 108433% to Rs 779.36 crore, and PBT collapsed by 38.07% to Rs 651.6 crore compared to previous TTM.
UTI Asset Management Company Ltd plunged by 37.89% in last one year, underperforming the benchmark BSE Sensex which has declined by 13.52% during the same period.