HDFC Asset Management Company announced Q4FY24 & FY24 results:
Q4FY24 Financial Highlights:
- The Operating Profit for the quarter ended March 31, 2024 was Rs 5,236 million as compared to Rs 3,948 million for the quarter ended March 31, 2023.
- Profit before tax for the quarter ended March 31, 2024 was Rs 6,791 million as compared to Rs 4,917 million for the quarter ended March 31, 2023.
- Profit after tax for the quarter ended March 31, 2024 was Rs 5,411 million as compared to Rs 3,761 million for the quarter ended March 31, 2023.
FY24 Financial Highlights:
- The Operating Profit of the company for the financial year ended March 31, 2024 was Rs 19,000 million as compared to Rs 15,548 million for the financial year ended March 31, 2023.
- Profit before tax for the financial year ended March 31, 2024 was Rs 24,781 million as compared to Rs 18,706 million for the financial year ended March 31, 2023.
- Profit after tax for the financial year ended March 31, 2024 was at Rs 19,458 million as compared to Rs 14,239 million for the financial year ended March 31, 2023.