Stock Report

Nippon Life India Asset Management Ltd reports rise in Q4FY24 consolidated PAT to Rs. 342.92 crores



Posted On : 2024-04-24 15:42:03( TIMEZONE : IST )

Nippon Life India Asset Management Ltd reports rise in Q4FY24 consolidated PAT to Rs. 342.92 crores

Nippon Life India Asset Management Limited has reported Consolidated financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 560.57 crores during the period ended March 31, 2024 as compared to Rs. 530.39 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 342.92 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 284.27 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 5.37 for the period ended March 31, 2024 as compared to Rs. 4.48 for the period ended December 31, 2023.

Financials Q4 FY2024 Q3 FY2024 % Change
Total Income ₹ 560.57 crs ₹530.39 crs Up Tick / Down Tick5.69%
Net Profit ₹342.92 crs ₹284.27 crs Up Tick / Down Tick20.63%
EPS ₹5.37 ₹4.48 Up Tick / Down Tick19.87%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 560.57 crores during the period ended March 31, 2024 as compared to Rs.388.03 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.342.92 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.198.02 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.5.37 for the period ended March 31, 2024 as compared to Rs.3.17 for the period ended March 31, 2023.

Financials Q4 FY2024 Q4 FY2023 % Change
Total Income ₹ 560.57 crs ₹388.03 crs Up Tick / Down Tick44.47%
Net Profit ₹342.92 crs ₹198.02 crs Up Tick / Down Tick73.17%
EPS ₹5.37 ₹3.17 Up Tick / Down Tick69.40%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2037.34 crores during the Financial Year ended March 31, 2024 as compared to Rs.1516.61 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.1107.32 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.723.33 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.17.53 for the Financial Year ended March 31, 2024 as compared to Rs.11.53 for the Financial Year ended March 31, 2023.

Financials Year Ended FY2024 Year Ended FY2023 % Change
Total Income ₹2037.34 crs ₹1516.61 crs Up Tick / Down Tick34.34%
Net Profit ₹1107.32 crs ₹723.33 crs Up Tick / Down Tick53.09%
EPS ₹17.53 ₹11.53 Up Tick / Down Tick52.04%

Shares of Nippon Life India Asset Management Limited was last trading in BSE at Rs. 562.05 as compared to the previous close of Rs. 577.50. The total number of shares traded during the day was 39999 in over 1374 trades.

The stock hit an intraday high of Rs. 584.25 and intraday low of 557.95. The net turnover during the day was Rs. 22620983.00.

Source : Equity Bulls

Keywords

NipponLifeIndiaAssetManagement Q4FY24 FY2024 ResultUpdate