Nippon Life India Asset Management standalone net profit declines 8.98% in the March 2025 quarter

Sales rise 21.94% to Rs 526.46 crore

Net profit of Nippon Life India Asset Management declined 8.98% to Rs 295.78 crore in the quarter ended March 2025 as against Rs 324.96 crore during the previous quarter ended March 2024. Sales rose 21.94% to Rs 526.46 crore in the quarter ended March 2025 as against Rs 431.75 crore during the previous quarter ended March 2024.

For the full year,net profit rose 19.58% to Rs 1252.23 crore in the year ended March 2025 as against Rs 1047.23 crore during the previous year ended March 2024. Sales rose 35.77% to Rs 2065.20 crore in the year ended March 2025 as against Rs 1521.11 crore during the previous year ended March 2024.

ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var.Sales526.46431.75 22 2065.201521.11 36 OPM %68.1065.94 -68.1663.97 - PBDT382.37368.44 4 1684.111322.86 27 PBT374.28361.31 4 1654.671294.48 28 NP295.78324.96 -9 1252.231047.23 20

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