HDFC AMC Q3 Results: HDFC Asset Management Company released its October-December quarter results on Tuesday, January 14. The company said that its net profit in the December quarter increased by 31.4 percent on an annual basis to Rs 641.4 crore. Last year, in the same quarter, the company’s profit was Rs 488 crore. The company’s revenue increased by 39.2 percent to Rs 934.6 crore, which was Rs 671.3 crore in the same quarter a year ago.
However, the company’s income from other sources declined by 35% to Rs 92.74 crore during the December quarter as against Rs 142.45 crore in the same quarter last year.
(The news is being updated)