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Informist, Tuesday, Apr. 21, 2026

 

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--360 ONE WAM Jan-Mar consol net profit INR 2.89 bln 
--Analysts saw 360 ONE WAM Jan-Mar consol net profit at INR 2.91 bln 
--360 ONE WAM Jan-Mar consol revenue INR 11.15 bln 
--Analysts saw 360 ONE WAM Jan-Mar consol revenue at INR 7.65 bln 
--360 ONE WAM Jan-Mar consol net profit INR 2.89 bln vs INR 2.50 bln yr ago 
--360 ONE WAM Jan-Mar consol revenue INR 11.15 bln vs INR 8.76 bln year ago 
--360 ONE WAM FY26 consol net profit INR 12.16 bln vs INR 10.15 bln yr ago 
--360 ONE WAM FY26 consol revenue INR 43.62 bln vs INR 33.71 bln year ago 
--360 ONE WAM to pay INR 6 per share first interim dividend for FY27 
--360 ONE WAM interim dividend record date Apr 27 
--360 ONE WAM consol AUM at INR 6.74 tln as on Mar 31 
--360 ONE WAM Jan-Mar annual recurring revenue INR 6.05 bln, up 20.4% 
--360 ONE WAM Jan-Mar brokerage income INR 2.30 bln, up 53.7%

 

By Meera Nair

 

MUMBAI – A sharp rise in finance cost dragged down net profit of 360 ONE WAM Ltd. for the March quarter. The employee benefit and other expenses also weighed heavily on the bottom line. However, revenue from operations helped the profit growth for the reporting quarter.

 

The company reported 15.7% on-year growth in its bottom line to INR 2.89 billion during the reporting quarter. The finance cost during the period increased almost 43% to INR 3.12 billion. The employee benefit expense rose over 21% to INR 3 billion, while other expenses rose almost 58% to INR 1.34 billion for the Jan-Mar quarter. Revenue from operations of the wealth management company grew 27% on year to INR 11.15 billion.

Analysts had estimated consolidated net profit for the reporting quarter at INR 2.91 billion. The company's total income for the March quarter rose almost 27% to INR 11.70 billion from INR 9.22 billion in the year-ago quarter. Sequentially, total income fell almost 4% for the same quarter. 

 

360 ONE WAM's assets under management were at INR 6.74 trillion as of Mar. 31. The March quarter figure comprises an annual recurring revenue AUM of INR 3.12 trillion and transactional or brokerage AUM of INR 3.63 trillion. Average recurring revenue was INR 22.89 billion, up 34.5% year on year. 

 

For the March quarter, the company's total expenses grew over 35% to INR 8.07 billion. It's depreciation and amortisation expense more than doubled to INR 430 million from 197 million a year ago. 

 

For FY26, the company's consolidated net profit rose almost 20% on year to INR 12.16 billion. Total revenue from operations for the period was up over 29% on year at INR 43.62 billion. The company's total expenses for the said period grew nearly 29% on year to INR 29 billion.

 

The board of the wealth asset management company approved "first interim dividend for FY27 of INR 6 per equity share of face value of INR 1 each and has fixed the record date as Monday, Apr. 27, 2026," the company told exchanges in a filing.

 

The company's annual recurring revenue for the reporting quarter was up 20.4% on year on year at INR 6.05 billion. The brokerage income for the same quarter was up 53.7% on year at INR 2.30 billion.

 

On Tuesday, shares of the company closed marginally lower at INR 1,108.35 on the National Stock Exchange.  End

 

Edited by Akul Nishant Akhoury

 

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