HDFC Asset Management Company (HDFC AMC) reported a strong performance for the second quarter of FY26, with net profit rising 25% y-o-y to Rs.718 crore, compared to Rs.576 crore in the same period last year. The company’s total revenue surged 21% y-o-y to Rs.1,223 crore, driven by higher assets under management (AUM) and improved operational efficiency.
The average AUM for the quarter stood at Rs.6.4 lakh crore, reflecting healthy inflows across both equity and debt schemes. Operating profit came in at Rs.948 crore, up 21% y-o-y, while operating margins remained steady at 77.5%, highlighting strong cost discipline and scalability.
In a major shareholder-friendly move, the Board of Directors approved a 1:1 bonus share issue, subject to shareholder approval. The company aims to maintain long-term investor engagement and liquidity through this initiative.
Navneet Munot, MD & CEO, HDFC AMC, said, “Our performance reflects the strength of our diversified product offerings, disciplined investment approach, and growing retail participation. We remain focused on long-term wealth creation and enhancing investor experience through innovation and technology.”
The consistent growth in profitability, strong AUM base, and the bonus issue announcement underline HDFC AMC’s continued leadership in India’s mutual fund industry and its commitment to delivering value to investors.
