Nippon Life India Asset Management Limited — Board Meeting, 23-01-2025: Outcome of Board Meeting
23-01-2025 | 05:35 pm
23-01-2025 | 05:35 pm
The Board has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. Key figures include a revenue from operations of ₹545.44 Cr and a profit after tax of ₹296.09 Cr, reflecting a robust performance. The total income for the quarter stands at ₹568.38 Cr, with total expenses at ₹176.77 Cr. The company's assets under management reached ₹6.56 trillion, with mutual fund QAAUM at ₹5.70 trillion, marking significant year-on-year growth. The meeting noted these advancements while highlighting the strategic directions for future growth.
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