Nippon Life India Asset Management Limited — Others, 28-04-2025: Change in Auditors

Nippon Life India Asset Management Limited reported a profit after tax of ₹1,286.39 crore, reflecting a 16% year-on-year increase, and an operating profit of ₹1,694.32 crore, up 47%. A final dividend of ₹10 per share was approved, bringing the total for FY25 to ₹18 per share, which is about 91% of its profit. Average assets under management climbed to ₹5.57 trillion, a 29% increase YoY, boosted by growth in both retail and high-net-worth segments. The company also launched a new ETF product targeting investments from Japanese investors, enhancing its market appeal.