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HDFC Asset Management Company standalone net profit rises 44.93% in the December 2019 quarter

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Capital Market

Sales rise 9.99% to Rs 524.73 crore

Net profit of HDFC Asset Management Company rose 44.93% to Rs 352.55 crore in the quarter ended December 2019 as against Rs 243.26 crore during the previous quarter ended December 2018. Sales rose 9.99% to Rs 524.73 crore in the quarter ended December 2019 as against Rs 477.09 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales524.73477.09 10 OPM %78.8266.31 -PBDT478.67372.01 29 PBT466.03368.30 27 NP352.55243.26 45

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First Published: Jan 22 2020 | 2:00 PM IST

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