Icon times
Revenue of ABSL AMC grew by 30% YoY to Rs.332 Cr in Q2 FY22 | Result Analysis

Revenue of ABSL AMC grew by 30% YoY to Rs.332 Cr in Q2 FY22 | Result Analysis

Published on 27 October 2021 .Views 4 .Comments 0

Financial Highlights

  • Operating revenue is up by 30% YoY to Rs. 332.0 Cr
  • Operating Profit before Tax is up by 49% YoY to Rs. 190.3 Cr
  • Profit After Tax stood at Rs. 173.1 Cr for Q2 FY22, up 38% YoY
  • Ratio of Profit before Tax to AAUM stood at 30.5 bps in Q2 FY22 as compared to 27.3 bps in Q2 FY21
  • Company declared an interim dividend of Rs. 5.6 for FY 22
  • Return on Equity (annualised) was 35.5%  for H1 FY22

Business Highlights

  • As on Sep 2021 quarter, ABSL AMC is the fourth largest asset management company in India since Sep-11 and largest non-bank affiliated AMC since Mar-18 with mutual fund QAAUM of Rs. 300,300 Cr
  • For the quarter ending Sep-21, total QAAUM including alternate assets stood at Rs. 312,000 Cr
  • For H1 FY22, nearly 84% of overall transactions were digital and 77% new folios were created digitally


private article suscription area icon

You like to know more. We like that!

Please subscribe Model Portfolio Plan to get access of all premium model portfolio articles Only at Rs. 11,999.00/Year.

Please login to view this free article.

This blog is available only for logged in users, please register and get access to view this article.

Recently Uploaded

premium Premium
free Free
Chat on WhatsApp
Caret UP Arrow
InvestYadnya Support
Typically replies in minutes
InvestYadnya Support
Hi there
Welcome to InvestYadnya.
We are available to assist you on WhatsApp.
Please click on the button below to chat with us.
(10 AM to 7 PM IST)
Chat with InvestYadnya