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Business News/ Companies / Company Results/  HDFC Asset Management Company Q4 FY24 Results Live : profit rise by 43.78% YOY
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HDFC Asset Management Company Q4 FY24 Results Live : profit rise by 43.78% YOY

HDFC Asset Management Company Q4 FY24 Results Live : Revenue increased by 28.56% YoY & profit increased by 43.78% YoY

HDFC Asset Management Company Q4 FY24 Results LivePremium
HDFC Asset Management Company Q4 FY24 Results Live

HDFC Asset Management Company declared their Q4 FY24 results on 19 Apr, 2024. The topline increased by 28.56% & the profit increased by 43.78% YoY. Compared to the previous quarter, the revenue grew by 3.59% and the profit increased by 10.85%.

The Selling, general & administrative expenses declined by 4.24% q-o-q & increased by 20.68% Y-o-Y. The operating income was up by 5.88% q-o-q & increased by 32.45% Y-o-Y.

The EPS is 25.25 for Q4 FY24 which increased by 43.3% Y-o-Y. HDFC Asset Management Company has delivered 1.85% return in the last 1 week, 31.6% return in last 6 months and 17.7% YTD return.

Currently, HDFC Asset Management Company has a market cap of 80534.71 Cr and 52wk high/low of 4066.5 & 1728 respectively.

As of 21 Apr, 2024, out of 19 analysts covering the company, 1 analyst has given Strong Sell rating, 1 analyst has given Sell rating, 7 analysts have given Hold rating, 5 analysts have given Buy rating & 5 analysts have given Strong Buy rating. The consensus recommendation as on 21 Apr, 2024 was to Buy.

HDFC Asset Management Company Financials

PeriodQ4 FY24Q3 FY24Q-o-Q GrowthQ4 FY23Y-o-Y Growth
Total Revenue695.43671.32+3.59%540.95+28.56%
Selling/ General/ Admin Expenses Total86.7190.55-4.24%71.85+20.68%
Depreciation/ Amortization13.3413.09+1.91%13.25+0.68%
Total Operating Expense172.41177.34-2.78%146.08+18.02%
Operating Income523.02493.98+5.88%394.87+32.45%
Net Income Before Taxes678.84636.83+6.6%491.75+38.05%
Net Income540.84487.92+10.85%376.17+43.78%
Diluted Normalized EPS25.2522.82+10.65%17.62+43.3%

FAQs

Question : What is the Q4 FY24 profit/Loss as per company?

Ans : ₹540.84Cr

Question : What is Q4 FY24 revenue?

Ans : ₹695.43Cr

Stay updated on quarterly results with our results calendar

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Published: 21 Apr 2024, 03:52 AM IST
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