More Stories

Informist, Thursday, Jan. 15, 2026

 

Please click here to read all liners published on this story

--360 ONE WAM Oct-Dec consol net profit INR 3.27 bln vs INR 2.76 bln yr ago 
--360 ONE WAM Oct-Dec consol revenue INR 11.81 bln vs INR 7.80 bln year ago 
--360 ONE WAM Apr-Dec consol net profit INR 9.27 bln vs INR 7.66 bln yr ago 
--360 ONE WAM Apr-Dec consol revenue INR 32.46 bln vs INR 24.95 bln year ago 
--360 ONE WAM overall AUM INR 7.11 tln as on Dec 31
 

By Eshitva Prakash

 

MUMBAI – 360 ONE WAM Ltd. reported the highest top line growth in five quarters in Oct-Dec. The company's assets under management continued to grow steadily, but its profit growth decelerated on year because of an uptick in total expenses, which rose to their highest levels in five quarters. However, the company's net profit still grew in high double digits.

 

The wealth management company reported an 18% year-on-year increase in consolidated net profit to INR 3.27 billion for the December quarter, compared with INR 2.76 billion in the same period last year. The company's revenue for the quarter rose over 51% to INR 11.81 billion from INR 7.80 billion in the year-ago quarter. The company's bottom line rose nearly 4% from the trailing quarter and its revenue was up almost 8% quarter on quarter.

 

360 ONE WAM's assets under management were at INR 7.11 trillion, up nearly 6% on year. The December quarter figure comprises an annual recurring revenue AUM of INR 3.18 trillion and transactional or brokerage AUM of INR 3.93 trillion. Tangible net worth was at INR 63.27 billion, compared to INR 58.06 billion in the year ago quarter. The company's tangible return on equity for the December quarter was 21%, compared to 24% in the corresponding quarter a year ago.

 

The company's total expenses grew nearly 38% to INR 7.93 billion, largely because of employee benefit expenses, which rose 36% to INR 3.14 billion. Its finance costs rose over 33% to INR 2.96 billion. 

 

The company's annual recurring revenue was INR 6.19 billion, up over 45% on year. The company generates this revenue by collecting fees from clients for managing their assets. Combined annual recurring revenue retention improved 81 basis points from 70 bps in the year-ago quarter. Wealth management retention was at 79 bps, while asset management retention was at 85 bps.

 

In the wealth management segment, annual recurring revenue AUM rose nearly 34.5% year-on-year to INR 2.19 trillion. The 360 ONE Plus proposition grew nearly 42% on year, and the distribution and lending businesses expanded by 30% and 32%, respectively. The company said it manages assets for over 8,500 families and companies. Under the asset management segment, annual recurring revenue AUM increased over 16% on year to INR 989.49 billion, driven by growth in private equity, which was up 16% on year, and real assets, which was up 72% on-year.

For the nine months ended December, the company's consolidated net profit rose over 21% on year to INR 9.27 billion. Total revenue for the period was up over 30% on year at INR 32.46 billion. The company's total expenses for the said period grew nearly 27% on year to INR 20.93 billion.

 

On Wednesday, shares of the company closed over 1% higher at INR 1,149.20 on the National Stock Exchange.  End

 

Edited by Ashish Shirke

 

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. 2026. All rights reserved.