Mumbai, July 15 -- The company's net profit increased 12% YoY and 35% QoQ to Rs 838.30 crore in Q1 FY27 from Rs 748 crore in Q1 FY26 and Rs 623.20 crore in Q4 FY26.

Total income rose 13% YoY and 28% QoQ to Rs 1,361.10 crore in the June 2026 quarter.

Profit before tax stood at Rs 1,090.20 crore in Q1 FY27, up 31% vs Q4 and 11% vs Q1 FY26.

Operating profit from the core asset management business increased 10% YoY to Rs 827.60 crore. On a sequential basis, operating profit rose 1% from Rs 822.70 crore.

On the cost front, total expenses increased 26% YoY to Rs 270.90 crore in Q1 FY27. Employee benefit expenses rose 31% YoY to Rs 143.10 crore, while fees and commission expenses increased 54% YoY to Rs 2 crore. Finance costs rose 19% YoY to...