Nippon Life India Asset Administration Ltd. on Monday noticed a 13% lower in consolidated revenue after tax to Rs 298.6 crore within the fourth quarter of fiscal 2025.
The agency posted a revenue after tax of Rs 343 crore within the corresponding interval of the earlier yr. Their operational income climbed by 21% to Rs 566.5 crore throughout the quarter into consideration, in comparison with Rs 468.3 crore within the January-March timeframe of the monetary yr 2023-24.
The corporate introduced a dividend distribution of Rs 18 per share for the monetary yr 2025, with a proposed last dividend of Rs 10 per share included on this quantity. Nippon Life India Asset Administration acts because the asset supervisor for Nippon India Mutual Fund.
The full property managed by NAM India reached Rs 6.54 lakh crore in March 2025, encompassing Nippon India Mutual Fund’s asset base of Rs 5.57 lakh crore.
All through the monetary yr 2024-25, NAM India recorded a revenue after tax of Rs 1,286.4 crore, marking a 16% progress from the previous fiscal yr. The corporate’s operational income additionally noticed a considerable enhance of 36% year-on-year, amounting to Rs 2,231 crore.
The agency additionally introduced its web site and software totally on-line on April 21 after they suffered a cyberattack on April 9. The assault had induced a partial closure of their platform. Nevertheless, the corporate stated that the assault had no main influence on their firm’s operations.
Shares of Nippon Life India Asset Administration Ltd. It closed 0.71% decrease at Rs per share, in comparison with a 1.2% uptick within the benchmark Nifty. The share worth has risen 8.28 % within the final 12 months and falling 12.57% for year-to-date. Nineteen out of the 23 analysts monitoring the corporate have a ‘purchase’ score on the inventory and three counsel a ‘maintain,’ whereas one advocate a ‘promote’ score on the inventory in line with Bloomberg. The inventory’s return potential was at 10.0%.
(With inputs from PTI)
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