Nippon Life AMC Q4 net profit falls 13% to ₹298.6 cr, dividend announced
The revenue from operations rose to ₹566.5 crore from ₹468.3 crore in January-March 2024
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The board also recommended a dividend of ₹10 per share for FY25 subject to the approval of shareholders in the Annual General Meeting scheduled on July 18.
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Nippon Life India Asset Management on Monday reported a consolidated net profit of ₹298.6 crore for the quarter ended March (Q4FY25). This was down nearly 13 per cent year-on-year (YoY) from ₹342.9 crore.
Sequentially, the net profit rose marginally by 1.1 per cent from ₹295.4 crore.
The revenue from operations rose to ₹566.5 crore from ₹468.3 crore in January-March 2024. However, the revenue dropped sequentially by 3.3 per cent from ₹587.9 crore.
Nippon Life dividend
The board also recommended a dividend of ₹10 per share for FY25 subject to the approval of shareholders in the Annual General Meeting scheduled on July 18. "With this the total dividend for the financial year 2024-25 would be ₹18 per Equity share, including the interim dividend of ₹8 per equity share distributed in November 2024," the company said in a BSE filing.
Nippon Life FY25 results
For the financial year 2024-2025, Nippon Life India Asset Management a consolidated net profit of ₹1,286.4 crore. This was up nearly 16.2 per cent year-on-year (YoY) from ₹1107.3 crore. Moreover, revenue from operations jumped by nearly 35.8 per cent to ₹2,230.7.
As on March 2025, NAM India's assets under management stood at Rs 6.54 lakh crore including NIMF's asset base of Rs 5.57 lakh crore.
On Monday, Nippon Life India Asset Management was down 0.86 per cent to ₹635.2 apiece on the BSE.
Nippon Life Q4 results highlights
- Revenue: ₹566.54 crore
- Net profit (attributable to owners): Rs 298.60 crore
Nippon Life FY25 Highlights
- Revenue: ₹2230.69 crore
- Net profit (attributable to owners): ₹1,286.39 crore
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Topics : Q4 Results Nippon Life Company BS Web Reports
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First Published: Apr 28 2025 | 6:53 PM IST