HDFC AMC’s operating revenue grew 15% YoY/5% QoQ to INR10.8b (inline). Yields came in at 46.5bp in 3QFY26 vs. 47.5bp in 3QFY25 and 46.6bp in 2QFY26. For 9MFY26, revenue grew 18% YoY to INR30.7b.