Canara Robeco AMC surges as Q1 PAT jumps 24%
Mumbai, July 22 -- The company's consolidated net profit increased 23.93% YoY to Rs 75.60 crore in Q1 FY27 from Rs 61 crore in Q1 FY26. Profit increased 82.61% QoQ from Rs 41.40 crore in Q4 FY26.
Revenue from operations increased 19.67% YoY and 1.75% QoQ to Rs 116.20 crore in the June 2026 quarter.
Profit before tax increased 24.41% YoY to Rs 99.40 crore in Q1 FY27 from Rs 79.90 crore in Q1 FY26. PBT increased 70.79% QoQ from Rs 58.20 crore in Q4 FY26.
On the cost front, total expenses increased 11.81% YoY to Rs 46.40 crore. Employee benefit expenses rose 12.85% YoY to Rs 28.10 crore, while other expenses increased 5.56% YoY to Rs 15.20 crore. Finance costs rose 20% YoY to Rs 0.60 crore, while depreciation and amortisation expenses inc...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.