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The Economic Times

Business

ICICI Prudential AMC Q1 Results: Net profit rises 23% YoY to Rs 965 crore; revenue up 18%

ICICI Prudential AMC

ICICI Prudential AMC on Monday reported a 23% year-on-year (YoY) growth in its net profit at Rs 965 crore in the first quarter, compared with Rs 784 crore in the last year period. Revenue from operations, meanwhile, increased 18% YoY to Rs 1,564 crore.

Total income for the quarter stood at Rs 1,745 crore, up 18% from Rs 1,477 crore a year earlier. Sequentially, total income rose 20% from Rs 1,452 crore, helped by other income of Rs 181 crore against a loss of Rs 90 crore in the previous quarter.

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