Aditya Birla Sun Life AMC announced Q4FY24 & FY24 results:
Q4FY24 Financial Highlights:
- Q4FY24 Revenue is at Rs. 4.4 billion; up 34% YoY.
- Q4FY24 Profit before Tax is at Rs 2.7 billion; up 48% YoY.
- Q4FY24 Profit after Tax is at Rs 2.1 billion; up 54% YoY.
- MF QAAUM witnessed growth of 21% YoY to Rs. 3,317 billion in Q4FY24.
- Equity MF QAAUM increased by 31% YoY to Rs. 1,520 billion in Q4FY24. Equity mix has grown from 42% in Q4FY23 to 46% in Q4FY24.
- SIP Book at Rs 12.52 billion for March 2024; up by 25% YoY. New SIP registrations for Q4FY24 was at ~5,96,400; up by 125% YoY.
FY24 Financial Highlights:
- FY24 Profit before Tax is at Rs 10.1 billion; up 27% YoY.
- FY24 Profit after Tax is at Rs 7.8 billion; up 31% YoY.
- FY24 Revenue is at Rs. 16.4 billion; up 21% YoY.