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Nippon Life India Asset Management consolidated net profit rises 41.94% in the December 2020 quarter

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Capital Market

Sales decline 11.44% to Rs 268.46 crore

Net profit of Nippon Life India Asset Management rose 41.94% to Rs 211.95 crore in the quarter ended December 2020 as against Rs 149.32 crore during the previous quarter ended December 2019. Sales declined 11.44% to Rs 268.46 crore in the quarter ended December 2020 as against Rs 303.14 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales268.46303.14 -11 OPM %54.7448.54 -PBDT276.29202.77 36 PBT268.52193.64 39 NP211.95149.32 42

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First Published: Jan 27 2021 | 6:19 PM IST

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