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News for India > Business > ABSL AMC Q1 Results: Net profit rises 12% YoY to ₹310 crore; overall AUM climbs to ₹10.7 lakh crore | Stock Market News
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ABSL AMC Q1 Results: Net profit rises 12% YoY to ₹310 crore; overall AUM climbs to ₹10.7 lakh crore | Stock Market News

Last updated: July 21, 2026 2:30 pm
8 hours ago
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Aditya Birla Sun Life AMC on Tuesday reported a 12% year-on-year increase in consolidated net profit to ₹309.5 crore for the quarter ended June 2026, compared with ₹277.1 crore in the corresponding quarter last year.

Revenue from operations rose 3% YoY to ₹463 crore, up from ₹447.4 crore in the year-ago quarter, while it increased marginally from ₹458.2 crore reported in the March quarter.

Total expenses climbed 14% YoY to ₹219.3 crore, led by higher employee benefit costs, which increased 26% to ₹116.3 crore. As a result, operating profit declined 4% YoY to ₹243.7 crore from ₹254.4 crore a year earlier and fell 3% sequentially.

The company, however, received a strong boost from other income, which jumped to ₹162.4 crore from ₹117.9 crore in the year-ago quarter, compared with a loss of ₹32.9 crore in the preceding quarter.

AUM performance

Aditya Birla Sun Life AMC reported robust growth in its asset base during the June quarter. Its overall quarterly average assets under management (QAAUM), including alternate assets, increased 42% year-on-year to ₹6.28 lakh crore ( ₹6,27,900 crore).

The company’s Mutual Fund QAAUM stood at ₹4.28 lakh crore ( ₹4,27,700 crore), registering a 6% YoY increase. As of June 30, 2026, its overall closing AUM, including mandates, rose to ₹10.7 lakh crore, compared with ₹4.4 lakh crore in the year-ago period.

Within the mutual fund business, equity mutual fund QAAUM grew 10% YoY to ₹1.99 lakh crore ( ₹1,98,700 crore), with the equity mix accounting for 46.5% of the overall mutual fund AUM during the quarter.

The company’s individual monthly AAUM stood at ₹2.11 lakh crore ( ₹2,10,600 crore) in June 2026, representing 48.9% of the mutual fund AUM.

Its PMS and AIF QAAUM, including the ESIC and EPFO mandates, surged five-fold year-on-year to ₹1.95 lakh crore ( ₹1,94,500 crore) from ₹28,700 crore a year ago. The mandate QAAUM alone stood at ₹1.90 lakh crore ( ₹1,89,800 crore) in Q1 FY27.

Monthly SIP contributions, including STPs, came in at ₹1,085 crore during June 2026, supported by 4.03 million contributing SIP accounts. During the quarter, the asset manager registered around 5.47 lakh new SIPs, including STPs.

Disclaimer: We advise investors to check with certified experts before making any investment decisions.



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