HDFC Asset Management Company on October 15 reported a net profit of Rs 718.43 crore for the second quarter of the financial year 2026. This marks a rise of nearly 25 percent year-on-year (YoY) from the Rs 576.61 crore net profit reported in the same period last year.
The firm’s revenue from operations meanwhile rose around 16 percent YoY to Rs 1,027.40 crore during the quarter under review. It had earlier reported revenue from operations at Rs 887.21 crore in the corresponding quarter of the previous financial year.
HDFC AMC AUM:
The firm's assets under management (AUM) rose 14 percent on-year to Rs 8.73 lakh crore by the end of Q2 FY26. The firm's number of live individual accounts meanwhile rose 26 percent YoY to 25.94 million.
"Unique customers as identified by PAN or PEKRN now stands at 14.5 million as on September 30,2025 compared to 57.0 million for the industry, a penetration of 25%," the company said. Operating profit rose to Rs 779.6 crore in Q2 FY26 from Rs 688.1 crore in Q2 FY25.
HDFC AMC Bonus issue:
Along with the Q2 FY26 results, HDFC AMC announced a bonus issue in the ratio of 1:1. Notably, this is the first-ever bonus issue announced by the company. The record date to determine the eligibility of the shareholders set to receive the payment has been set at November 26.
This means that shareholders owning shares of the company as on the record date, will get one bonus share for every share they hold.
HDFC AMC share price:
After the release of the results, the shares of HDFC AMC jumped more than 3 percent to trade at Rs 5,778 apiece, as seen at 3.10 pm. The stock has jumped around 6 percent in the past five days, and nearly 40 percent in the past six months.
Its P/E ratio currently stands at around 45.97.
(This is a developing story. Come back later for more updates)
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