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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.

Standalone revenue from operations rose modestly by 1.6 per cent year-on-year to Rs 1,050.48 crore but declined 2.2 per cent compared to the previous quarter.

Despite the quarterly dip, HDFC AMC posted a strong performance for the full financial year 2025-26.

Consolidated profit rose 16.2 per cent to Rs 2,858.06 crore from Rs 2,460.19 crore in FY25, while revenue from operations increased 17.8 per cent to Rs 4,122.16 crore.

The company’s operating profit before working capital changes also improved significantly, rising to Rs 3,369.80 crore during the year from Rs 2,824.42 crore in the previous financial year.

Alongside its results, the company announced a final dividend of Rs 54 per equity share of face value Rs 5 each for FY26, subject to shareholder approval at the upcoming annual general meeting.

The shares of the company were trading at Rs 2,651.8, down by Rs 11.9 or 0.45 per cent. In last five days, the shares were up by Rs 100 or 3.92 per cent.