Shares of SBI Funds Management dropped 2% to Rs 576 on the BSE on Tuesday after the asset management company reported its first quarterly results since listing last month, posting steady growth in profit, income and assets under management for the quarter ended June 30, 2026.
The company's net profit rose 3.3% year-on-year to Rs 873 crore from Rs 845 crore in the corresponding quarter last year. Revenue from operations increased 15.2% to Rs 1,146 crore from Rs 995 crore a year earlier.
