- ALSO READ
Aditya Birla Sun Life AMC on Tuesday reported a one per cent growth in profit after tax at Rs 158.5 crore in the three months ended March 2022.
In comparison, the company had posted a Profit After Tax (PAT) of Rs 156.7 crore in the year-ago period, according to a filing to the stock exchanges.
Revenue from operations rose 3 per cent to Rs 323.5 crore in the quarter under review. The same stood at Rs 315.3 crore in the three months ended March 2021.
For FY22, the company's revenue from operations stood at Rs 1,293 crore, up 21 per cent and PAT was at Rs 672.8 crore, an increase of 28 per cent from the preceding fiscal.
Aditya Birla Sun Life AMC is the fourth largest asset management company in the country with quarterly average assets under management of Rs 2.96 lakh crore.
It is a joint venture between the Aditya Birla Capital and Sun Life (India) AMC Investments Inc.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
First Published: Tue, April 26 2022. 23:20 IST