No Result
View All Result
  • Login
Monday, August 3, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

ICICI Prudential AMC shares slip over 3% after Q4 results. Check details

by theadvisertimes.com
4 months ago
in Business
Reading Time: 2 mins read
A A
0
ICICI Prudential AMC shares slip over 3% after Q4 results. Check details
Share on FacebookShare on TwitterShare on LInkedIn


Shares of ICICI Prudential Asset Management Company declined as much as 3.4% to their day’s low of Rs 3,238 on the BSE on Wednesday after it reported solid profit growth for the March quarter, driven by higher income and better operating performance.

Profit after tax for Q4 stood at Rs 763 crore, up 10% from Rs 692 crore in the same quarter last year. Profit before tax rose to Rs 1,039 crore from Rs 917 crore in the year-ago period. The company also announced a dividend of Rs 12.4 per share.

Operating performance improved significantly during the quarter. Operating profit came in at Rs 1,128 crore, marking a 30% increase from Rs 866 crore in Q4 FY25, supported by tighter cost management and operating leverage.

Revenue remained strong, with revenue from operations rising 19% year-on-year to Rs 1,517 crore from Rs 1,269 crore. Total expenses eased to Rs 389 crore compared with Rs 403 crore in the year-ago period, aiding margin expansion.

On a quarter-on-quarter basis, profit declined. Net profit fell 17% from Rs 917 crore in Q3 FY26, mainly due to lower total income, although operating costs remained under control.

Live Events

For the full year, earnings growth was robust. FY26 profit after tax increased 24.4% to Rs 3,298 crore from Rs 2,651 crore in FY25. Profit before tax rose 24.7% to Rs 4,407 crore, while operating profit grew 28.9% to Rs 4,171 crore.Business metrics also showed steady expansion. Quarterly average assets under management stood at Rs 11,04,787 crore as of March 2026, compared with Rs 8,79,412 crore a year earlier.The company reported a customer base of 17 million investors and a distribution network of over 1.14 lakh partners across 281 offices, reflecting its scale and reach in the domestic mutual fund market.

Sensex, Nifty today: Catch all the LIVE stock market action here

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)



Source link

Tags: AMCcheckdetailsICICIPrudentialresultssharesslip
ShareTweetShare
Previous Post

Faulty Whirlpool Fridge? You May Be Eligible to Get up to 75% Back

Next Post

Kraken Confirms IPO Filing, but Valuation Dropped 33% in Latest $200M Funding

Related Posts

Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike

Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike

by theadvisertimes.com
August 3, 2026
0

Palantir blew past Wall Street’s financial targets in its second quarter and forecast strong growth in the coming months, sending...

Salesforce Remains Down But Turning Positive: 100%+ Returns Lie Ahead According to This Analyst

Salesforce Remains Down But Turning Positive: 100%+ Returns Lie Ahead According to This Analyst

by theadvisertimes.com
August 3, 2026
0

Quick Read Needham's Scott Berg carries a $400 price target on CRM, implying 117% upside, anchored by Agentforce ARR growing...

Kansai Nerolac Q1 profit rises 5%; approves Rs 601 crore capacity expansion

Kansai Nerolac Q1 profit rises 5%; approves Rs 601 crore capacity expansion

by theadvisertimes.com
August 3, 2026
0

Kansai Nerolac Paints reported a more than 5% rise in consolidated net profit for the June quarter, aided by healthy...

Former Mossad chief appointed Ondas president

Former Mossad chief appointed Ondas president

by theadvisertimes.com
August 3, 2026
0

US company Ondas (Nasdaq: ONDS) today announced that David Barnea, the former head of Israel’s Mossad intelligence agency has...

Liberty Lifestyle: Youth Sports Burnout

Liberty Lifestyle: Youth Sports Burnout

by theadvisertimes.com
August 3, 2026
0

Organized sports are a major part of childhood in the United States, attracting tens of millions of children annually. Over...

Ikea’s AI bot didn’t replace workers. It made them more valuable

Ikea’s AI bot didn’t replace workers. It made them more valuable

by theadvisertimes.com
August 3, 2026
0

Good morning. Remember the AI jobs apocalypse? OpenAI’s Sam Altman and Dario Amodei of Anthropic both forecast it—and have since...

Next Post
Kraken Confirms IPO Filing, but Valuation Dropped 33% in Latest 0M Funding

Kraken Confirms IPO Filing, but Valuation Dropped 33% in Latest $200M Funding

Used EV Market Exposes The Cracks

Used EV Market Exposes The Cracks

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

June 21, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
The 22 Largest US Funding Rounds of May 2026 – AlleyWatch

The 22 Largest US Funding Rounds of May 2026 – AlleyWatch

June 30, 2026
The Pieces of AGI Are Falling Into Place

The Pieces of AGI Are Falling Into Place

0
Kansai Nerolac Q1 profit rises 5%; approves Rs 601 crore capacity expansion

Kansai Nerolac Q1 profit rises 5%; approves Rs 601 crore capacity expansion

0
Stablecoins and the Future of Treasury Markets

Stablecoins and the Future of Treasury Markets

0
August Mortgage Outlook: Rates Heading Higher

August Mortgage Outlook: Rates Heading Higher

0
Trump Says Exxon and Chevron Profited Too Much During Iran War Oil Spike

Trump Says Exxon and Chevron Profited Too Much During Iran War Oil Spike

0
Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike

Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike

0
Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike

Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike

August 3, 2026
Trump Says Exxon and Chevron Profited Too Much During Iran War Oil Spike

Trump Says Exxon and Chevron Profited Too Much During Iran War Oil Spike

August 3, 2026
Big Tech FIRED 700,000 People (It Didn’t Work)

Big Tech FIRED 700,000 People (It Didn’t Work)

August 3, 2026
Over 400 million locked XRP face a quiet October deadline as the Evernorth SPAC takes a 5,000 lifeline

Over 400 million locked XRP face a quiet October deadline as the Evernorth SPAC takes a $135,000 lifeline

August 3, 2026
Manufacturing survey shows inflation worries adding to pressure on Fed

Manufacturing survey shows inflation worries adding to pressure on Fed

August 3, 2026
The Pieces of AGI Are Falling Into Place

The Pieces of AGI Are Falling Into Place

August 3, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike
  • Trump Says Exxon and Chevron Profited Too Much During Iran War Oil Spike
  • Big Tech FIRED 700,000 People (It Didn’t Work)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.