Aditya Birla Sun Life AMC Limited — Board Meeting, 24-07-2025: Outcome of Board Meeting
24-07-2025 | 01:42 pm
24-07-2025 | 01:42 pm
Aditya Birla Sun Life AMC has approved strong Q1 financial results. The company reported a consolidated net profit of ₹277.11 Cr, showing good growth from ₹235.71 Cr in the same quarter last year, with total income rising to ₹565.27 Cr. The board also approved a final dividend of ₹24 per equity share for FY25, pending shareholder approval. In a strategic move, ABSLAMC plans to incorporate a new wholly-owned subsidiary in GIFT City. This entity will operate as a Fund Management Entity, expanding their investment management and advisory services into the international financial services hub. This signals new growth avenues.
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