HDFC Asset Management Company Q3 FY24 Results Live: Profit Rises by 32.17% YoY
HDFC Asset Management Company declared their Q3 FY24 results on 11 Jan, 2024. The topline increased by 19.97% & the profit increased by 32.17% YoY.
As compared to the previous quarter, the revenue grew by 4.39% and the profit increased by 11.77%. The Selling, general & administrative expenses declined by 2.66% q-o-q & increased by 14.65% Y-o-Y.
The operating income was up by 6.05% q-o-q & increased by 24.4% Y-o-Y. The EPS is ₹22.82 for Q3 FY24, which increased by 31.91% Y-o-Y.
HDFC Asset Management Company has delivered 5.27% return in the last 1 week, 50.32% return in the last 6 months, and 9.26% YTD return. Currently, the HDFC Asset Management Company has a market cap of ₹74755.69 Cr and 52wk high/low of ₹3542.5 & ₹1589.5 respectively.
As of 13 Jan, 2024, out of 19 analysts covering the company, 1 analyst has given a Strong Sell rating, 1 analyst has given a Sell rating, 9 analysts have given a Hold rating, 5 analysts have given a Buy rating, and 3 analysts have given a Strong Buy rating. The consensus recommendation as of 13 Jan, 2024, was to Buy.FAQsQuestion : What is the Q3 FY24 profit/Loss as per company?Ans : ₹487.92CrQuestion : What is Q3 FY24 revenue?Ans : ₹671.32Cr Stay updated on quarterly results with our results calendarMilestone Alert!
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