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The Economic Times

Debaroti Adhikary

ICICI Prudential AMC shares gain 2% after Q1 net profit rises 23% to Rs 965 crore. Here’s what brokerages say

ICICI Prudential AMC Emkay JM Financial Motilal Oswal

Shares of ICICI Prudential AMC gained 2% to Rs 3,285 on the BSE on Tuesday after the company reported a 23% year-on-year growth in net profit to Rs 965 crore for the first quarter of FY27, from Rs 784 crore reported in the corresponding quarter of FY26, with brokerages remaining bullish on the stock.

The company on Monday released its results for the April-June quarter of the ongoing financial year 2027. Revenue from operations meanwhile increased 18% YoY to Rs 1,564 crore in the quarter under review. Its mutual fund assets under management (AUM) rose around 11% YoY to Rs 82.40 lakh crore as on March 31, 2026.

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