HDFC AMC Q1 results show revenue up from 637.81 crores to 732.57 crores, a 14.86% increase in growth. EPS rise from ₹17.63 to ₹22.37, up by 26.89%.
First, Let’s Begin with Quarter-on-Quarter Basis:
HDFC AMC shared its Q1 results on Monday. They earned 732.57 crores in revenue this quarter, but that’s more than the 637.81 crores they made last quarter. The company’s growth increased by 14.86 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 477.51 crores, up from 376.20 crores in the previous quarter. Their quarter-to-quarter growth increased by 26.93 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹22.37, which is an increase of 26.89% from the ₹17.63 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 732.57 crores this year (2023), which is 37.47 percent lower than last year’s total revenue of 532.90 crores.
This year’s PAT (Profit After Tax) is 477.51 crores, which is also 51.98% lower than last year’s PAT of 314.19 crores.
The EPS (Earnings Per Share) for this year is ₹22.37, which is 51.97% less than the EPS of ₹14.72 earned last year.
Also Read: SRF Q1FY24 Results: Consolidated PAT Down to Rs. 359.29 Cr
HDFC AMC Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About HDFC AMC:
HDFC Asset Management Company Limited ( HDFC AMC ) functions as an investment management firm, providing a range of services. These services include portfolio management and advisory services catered to various entities such as individuals, institutions, trusts, private funds, charitable organizations, and investment companies. Operating primarily in India, HDFC Asset Management serves a wide array of customers in the country.
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