HDFC AMC Reports 2.5% Year-Over-Year Decline in Q4 Profit, Stands at ₹623 Crore

HDFC AMC Reports 2.5% Drop in Q4 Profit

HDFC Asset Management Company (AMC) announced a 2.5% year-on-year (YoY) drop in its consolidated profit for the March quarter of the last financial year (Q4FY26) to ₹622.66 crore. This decline comes despite a nearly 17% YoY increase in consolidated revenue from operations to ₹1,051.51 crore.

In comparison to the corresponding quarter of the previous financial year, the company's profit in Q4FY26 was ₹638.46 crore, while in Q3FY26, it was ₹769.42 crore. This indicates a steeper decline of 19% quarter-on-quarter (QoQ).

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

On a standalone basis, the company's profit for the March quarter dropped 2.4% YoY and 19% QoQ to ₹623.29 crore. In the same quarter last year, the company's standalone profit was ₹638.73 crore, while in Q3FY26, the profit was ₹770.09 crore. However, standalone revenue from operations increased by 1.6% YoY to ₹1,050.48 crore from ₹901.22 crore in Q4FY25.

For the entire financial year 2025-26, the company's consolidated profit rose by 16.2% to ₹2,858.06 crore from ₹2,460.19 crore in FY25. Revenue from operations increased 17.8% to ₹4,122.16 crore from ₹3,498.44 crore in the previous year. Operating profit before working capital changes for the financial year stood at ₹3,369.80 crore from ₹2,824.42 crore YoY.

HDFC AMC's share price declined more than 2% in intraday trade on Thursday. The company also announced a final dividend of ₹54 per share of ₹5 per share for the financial year ended March 31, 2026, subject to approval of the shareholders at the ensuing annual general meeting.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline