Aditya Birla Sun Life AMC inches up on reporting 79% rise in Q1 consolidated net profit
Aditya Birla Sun Life AMC is currently trading at Rs. 409.80, up by 0.30 points or 0.07% from its previous closing of Rs. 409.50 on the BSE.
The scrip opened at Rs. 414.45 and has touched a high and low of Rs. 414.50 and Rs. 409.00 respectively. So far 10653 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 503.15 on 12-Sep-2022 and a 52 week low of Rs. 307.90 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 415.00 and Rs. 383.10 respectively. The current market cap of the company is Rs. 11867.34 crore.
The promoters holding in the company stood at 86.49%, while Institutions and Non-Institutions held 6.37% and 7.15% respectively.
Aditya Birla Sun Life AMC has reported results for first quarter ended June 30, 2023 (Q1FY24). Aditya Birla Sun Life AMC has reported 79.84% rise in its net profit at Rs 182.57 crore for the quarter under review as compared to Rs 101.52 crore for the same quarter in the previous year. Total income of the company increased by 42.84% at Rs 383.10 crore for Q1FY24 as compared Rs 268.21 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 79.47% rise in net profit at Rs 184.57 crore for the quarter ended June 30, 2023 as compared to Rs 102.84 crore for the same quarter in the previous year. Total income of the company increased by 42.09% at Rs 388.91 crore for Q1FY24 as compared Rs 273.70 crore for the corresponding quarter previous year.
