ICICI Prudential AMC Profit Rises 6%

The asset management company reports a quarterly net profit of ₹889 crore for FY27, supported by higher operating revenue, and announces an interim dividend of ₹30 per share.

ICICI Prudential Asset Management Company (AMC) reported a 6.1% year-on-year increase in profit after tax to ₹889 crore for the July–September quarter of FY2026-27, supported by higher revenue from operations.

The company had recorded a profit after tax of ₹838 crore in the corresponding quarter of the previous financial year, according to its stock exchange filing on October 12.

Revenue from operations rose 16.3% to ₹1,674 crore during the quarter, compared with ₹1,439 crore in the year-ago period. Total expenses also increased, rising 18% to ₹493 crore from ₹418 crore a year earlier.

The company’s board has approved an interim dividend of ₹30 per equity share. October 21 has been fixed as the record date for determining shareholders eligible to receive the dividend.

For the first half of FY2026-27, ICICI Prudential AMC reported a 14.3% increase in net profit to ₹1,854 crore, compared with ₹1,622 crore in the corresponding period last year.

Revenue from operations during the April–September period grew 17% to ₹3,238 crore from ₹2,770 crore a year earlier.

The results reflect growth in the company’s operating revenue during the first half of the financial year, while quarterly expenses also recorded an increase.

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