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

Nippon Life India Asset Management reported a 47% YoY increase in profit after tax for Q2 FY25, reaching INR 3.60 billion. The board approved an interim dividend of INR 8.00 per share. The company achieved a record-high operating profit of INR 3.65 billion, driven by a 57% growth in Mutual Fund QAAUM to INR 5.49 trillion. They hold the largest unique investor base in the industry at 18.9 million.