Nippon Life India Asset Management Limited — Others, 28-04-2025: Resignation

Nippon Life India Asset Management Limited has announced a board meeting. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. The company reported a profit after tax of ₹1,286.39 crore for FY25, reflecting a 16% year-on-year increase, and an operating profit of ₹1,404.32 crore, up 47% year-on-year. A final dividend of ₹10 per equity share has been declared, raising the total dividend for FY25 to ₹18 per share. Average assets under management increased by 29% year-on-year to ₹5.57 trillion, showing robust growth in systematic inflows and retail assets.