MUMBAI: HDFC Asset Management Company on Thursday reported a 19 per cent quarter-on-quarter (QoQ) decline in its consolidated profit for the March quarter (Q4 FY26), with earnings coming in at Rs 622.66 crore.
The asset management firm posted a Rs 769.42 crore net profit in the December quarter (Q3 FY26), according to its stock exchange filing.
However, on yearly basis, the profit dropped 2.5 per cent compared to Rs 638.46 crore in the same period previous financial year (Q4 FY25).
The company’s consolidated revenue from operations rose nearly 17 per cent year-on-year to Rs 1, 051.51 crore in the March quarter, up from Rs 901.36 crore in Q4 FY25.
However, on a quarter-on-quarter basis, revenue slipped 2.2 per cent from Rs 1, 075.10 crore, as per its regulatory filing.
On the standalone front, profit after tax stood at Rs 623.29 crore in Q4 FY26 -- marking a 2.4 per cent decline year-on-year and a 19 per cent drop sequentially.