15-July-2026
Corporate News
 
ICICI Prudential AMC reports a 25% QoQ increase in net profit
14-Jul-2026

ICICI Prudential Asset Management Company reported a 25.51% QoQ increase in its net profit in Q1FY27 in its disclosure to the exchanges. The AMC’s net profit increased from Rs 769 crore in Q4FY26 to Rs 965 crore in Q1FY27. On a YoY basis, the AMC reported a 23.1% increase in its net profit from Rs 784 crore. The revenue from operations increased marginally from Rs 1,542 crore to Rs 1,564 crore during the quarter. The increase in net profit during the quarter was predominantly due to an increase in other income and a deferred tax credit. The fund house reported quarterly assets of Rs 11.17 lakh crore with a market share of 13.4% in Q1FY27 compared to Rs 9.44 lakh crore in Q1FY26.

News Source:- https://www.financialexpress.com/business/industry-icici-prudential-amc-reports-a-25-qoq-increase-in-net-profit-4290612/