Conference Call with HDFC Asset Management Company Management and Analysts on Q1FY23 Performance and Outlook. Listen to the full earnings transcript.
HDFC Asset Management Company Announced Q1FY23 Result : HDFC AMC net profit for the quarter ended June 30, 2022 at Rs 3,142 million, a decrease of 9% over quarter ended June 30, 2021, driven down by fall in other income. Amongst India’s largest mutual fund managers with QAAUM market share of 11.0% for the quarter ended June 30, 2022. Amongst India’s largest Actively Managed Equity Mutual Fund managers with QAAUM market share of 11.5% for the quarter ended June 30, 2022. One of the most preferred choices of individual investors, with a market share of 12.6% of the individual monthly average AUM for June 2022. Profit after tax was Rs 3,142 million for the quarter ended June 30, 2022. The Operating Profit for the quarter ended June 30, 2022 was Rs 3,737 million as compared to Rs 3,652 million for the quarter ended June 30, 2021. This is an increase of 2%. Profit before tax for the quarter ended June 30, 2022 was down by 17% to Rs 3,850 million as compared to Rs 4,661 million for the quarter ended June 30, 2021. Profit after tax for the quarter ended June 30, 2022 was Rs 3,142 million as compared to Rs 3,454 million for the quarter ended June 30, 2021, resulting in a decrease of 9%. Result PDF
HDFC Asset Management Company declares Q4FY22 result: HDFC AMC net profit for the Financial Year ended March 2022 at Rs 13,931 million, a YoY increase of 5%. Dividend per share increases to Rs 42, as against Rs 34 per share. Amongst India’s largest mutual fund managers with QAAUM market share of 11.3% for the quarter ended March 31, 2022. Amongst India’s largest Actively Managed Equity-oriented Mutual Fund managers with QAAUM market share of 11.5% for the quarter ended March 31, 2022. One of the most preferred choices of individual investors, with a market share of 12.5% of the individual monthly average AUM for March 2022. Profit after tax growth of 5% during the financial year ended March 31, 2022 Highlights for Year end: The Operating Profit for the financial year ended March 31, 2022 was Rs15,375 million as compared to Rs 13,996 million for the financial year ended March, 2021. This is an increase of 10%. Profit before tax for the financial year ended March 31, 2022 was up by 6% to Rs 18,553 million as compared to Rs 17,488 million for the financial year ended March 31, 2021. Profit after tax for the financial year ended March 31, 2022 was Rs 13,931 million as compared to Rs 13,256 million for the financial year ended March 31, 2021 resulting in an increase of 5%. Highlights for Quater March end: The Operating Profit of the company for the quarter ended March 31, 2022 was Rs 3,780 million as compared to Rs 3,802 million for the quarter ended March 31, 2021. This is a decrease of 1%. Profit before tax for the quarter ended March 31, 2022 was up by 5% to Rs 4,426 million as compared to Rs 4,228 million for the quarter ended March 31, 2021. Profit after tax for the quarter ended March 31, 2022 was Rs 3,435 million as compared to Rs 3,159 million for the quarter ended March 31, 2021 resulting in an increase of 9%. Result PDF