More Stories

Informist, Thursday, Jul. 24, 2025

--UTI AMC Apr-Jun net profit INR 2.16 bln 

--Analysts saw UTI AMC Apr-Jun net profit INR 2.33 bln 

--UTI AMC Apr-Jun net profit INR 2.16 bln vs INR 1.86 bln year ago 

--UTI AMC Apr-Jun revenue INR 4.37 bln vs INR 3.87 bln year ago 

By Udita Jaiswal

MUMBAI – UTI Asset Management Co. Ltd. Thursday reported a sharp jump in net profit for the June quarter on a sequential basis due to a substantial increase in its total revenue. The rise in revenue and net profit was driven by a 13-fold increase in the net gain on fair value changes sequentially, which rose to INR 1.153 billion for the latest quarter. Despite this, the company missed analysts' estimate of a net profit of INR 2.32 billion.

UTI's standalone net profit for the June quarter was INR 2.16 billion, up 74% on quarter. The core profit after tax, which excludes market to market gains, income from sale of investments and other non-operating income, for the June quarter was INR 118 million, up 9% on quarter and 19% on year.

The asset management company's other expenses fell 17% on quarter to INR 352 million, which limited the increase in its total expenses to 3% at INR 1.53 billion for the June quarter. The company's total revenue rose 38% to INR 4.36 billion. The tax outgo rose 52% sequentially to INR 682.1 million.

The company's assets under management rose to INR 21.93 trillion as of Jun. 30. Of this, 65% was under portfolio management schemes. The fund manager's assets under management under equity schemes rose 7.1% on year to INR 949 billion as on Jun. 30 while its assets under management for index and exchange traded funds rose 22% on year to INR 1.56 trillion. The gross inflow through systematic investment plans for the June quarter was INR 22.6 billion, which took the total assets under management under such plans to INR 422 billion. 

Shares of the company closed nearly 4% lower at INR 1,415.60 on the National Stock Exchange Thursday, before the company announced its financial results.  End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Edited by Avishek Dutta

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2025. All rights reserved.