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(25 Oct 2024, 07:34)

Nippon Life India Asset Management consolidated net profit rises 47.33% in the September 2024 quarter

Sales rise 43.73% to Rs 571.30 crore

Net profit of Nippon Life India Asset Management rose 47.33% to Rs 360.10 crore in the quarter ended September 2024 as against Rs 244.41 crore during the previous quarter ended September 2023. Sales rose 43.73% to Rs 571.30 crore in the quarter ended September 2024 as against Rs 397.48 crore during the previous quarter ended September 2023.

ParticularsQuarter Ended
Sep. 2024Sep. 2023% Var.
Sales571.30397.48 44
OPM %65.5360.73 -
PBDT493.48317.58 55
PBT486.05310.39 57
NP360.10244.41 47

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