Nippon Life India Asset Management Limited — Dividend/Bonus, 24-10-2024: Record Date

Nippon Life India Asset Management approved an interim dividend of ₹8.00 per share. For Q2 FY25, the company reported a profit after tax of ₹3.60 billion, up 47% YoY, marking the highest quarterly profit to date. Assets under management reached ₹6.54 trillion, with mutual fund QAAUM at ₹5.49 trillion, reflecting a 57% YoY increase. Systematic flows surged 91% YoY to ₹90.3 billion, supported by a robust investor base of 18.9 million.