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ICICI Prudential AMC held an earnings conference call to discuss its financial results. Key highlights included a 18.3% YoY growth in AUM to INR 11.17 lakh crores, maintaining a 13.4% market share. Equity and equity-oriented AUM reached INR 6.31 lakh crores with a 14% market share. The company reported a PAT of INR 965 crores, up 23.1% YoY. Management noted resilience in SIP inflows despite market volatility, with a rebound in June. Expansion into GIFT City and development of iSIF products are ongoing. AI integration is enhancing customer experience and operational efficiency. The company is focused on a diverse product suite for future growth. Investor sentiment appears confident.
All announcements from ICICI Prudential Asset Management Company Limited