Aditya Birla Sun Life AMC Faces Profit Dip Amid Revenue Rise
Aditya Birla Sun Life AMC reported a 18% year-on-year profit dip to Rs 187 crore for Q1 2026, while revenue rose by 7% to Rs 458.2 crore. The board recommends a dividend of Rs 25.50 per share, pending approval. Annual profits increased by 5% with a 10% revenue jump.
- Country:
- India
Aditya Birla Sun Life Asset Management Company announced an 18% decline in its profit after tax for the quarter ending March 2026, reporting a figure of Rs 187 crore, down from Rs 228 crore in the previous year's corresponding period.
Despite the drop in profits, the company saw its revenue from operations increase by 7% to Rs 458.2 crore, compared to Rs 429 crore a year earlier. The firm noted this rise in a stock exchange filing, also highlighting an annual profit increase of 5% to Rs 975.1 crore with a 10% jump in overall revenue to Rs 1,845 crore for FY26.
The board has proposed a final dividend of Rs 25.50 per equity share, contingent on shareholder approval at the upcoming Annual General Meeting. The company clarified that the specific record date for shareholder eligibility will be announced after gaining approval. Shares of Aditya Birla Sun Life AMC saw a 2.47% increase, trading at Rs 1,044.24 each on the BSE.
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