ABSL AMC Q1 Results: Net profit rises 12% YoY to Rs.310 crore; overall AUM climbs to Rs.10.7 lakh crore
New Delhi, July 21 -- Aditya Birla Sun Life AMC on Tuesday reported a 12% year-on-year increase in consolidated net profit to Rs.309.5 crore for the quarter ended June 2026, compared with Rs.277.1 crore in the corresponding quarter last year.
Revenue from operations rose 3% YoY to Rs.463 crore, up from Rs.447.4 crore in the year-ago quarter, while it increased marginally from Rs.458.2 crore reported in the March quarter.
Total expenses climbed 14% YoY to Rs.219.3 crore, led by higher employee benefit costs, which increased 26% to Rs.116.3 crore. As a result, operating profit declined 4% YoY to Rs.243.7 crore from Rs.254.4 crore a year earlier and fell 3% sequentially.
The company, however, received a strong boost from other income, whi...
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