HDFC Asset Management Company announced Q1FY24 results: One of the most preferred choices of individual investors, with a market share of 13.0% of the individual monthly average AUM for June 2023. Revenue from operations was Rs 5,745 million and operating profit was Rs 4,133 million for Q1FY24, an increase of 10% and 11% respectively over Q1FY23. Profit after tax was Rs 4,775 million for Q1FY24. QAAUM of Rs 4,857 billion for Q1FY24 compared to Rs 4,153 billion for Q1FY23, 11.3% market share in QAAUM of the mutual fund industry QAAUM in actively managed equity-oriented funds i.e. equity oriented QAAUM excluding index funds stood at Rs 2,488 billion for Q1FY24 with a market share of 12.1%. The Operating Profit for Q1FY24 was Rs 4,133 million as compared to Rs 3,737 million for Q1FY23. Profit before tax for Q1FY24 was Rs 5,713 million as compared to Rs 3,850 million for Q1FY23, growth is primarily driven by other income. Result PDF