Revenue of ABSL AMC grew by 30% YoY to Rs.332 Cr in Q2 FY22 | Result Analysis
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1 year ago
Financial Highlights
Operating revenue is up by 30% YoY to Rs. 332.0 Cr
Operating Profit before Tax is up by 49% YoY to Rs. 190.3 Cr
Profit After Tax stood at Rs. 173.1 Cr for Q2 FY22, up 38% YoY
Ratio of Profit before Tax to AAUM stood at 30.5 bps in Q2 FY22 as compared to 27.3 bps in Q2 FY21
Company declared an interim dividend of Rs. 5.6 for FY 22
Return on Equity (annualised) was 35.5% for H1 FY22
Business Highlights
As on Sep 2021 quarter, ABSL AMC is the fourth largest asset management company in India since Sep-11 and largest non-bank affiliated AMC since Mar-18 with mutual fund QAAUM of Rs. 300,300 Cr
For the quarter ending Sep-21, total QAAUM including alternate assets stood at Rs. 312,000 Cr
For H1 FY22, nearly 84% of overall transactions were digital and 77% new folios were created digitally
