Mumbai, India – January 28, 2025: UTI Asset Management Company Limited (NSE: UTIAMC, BSE: 543238) has announced its unaudited financial results for Q3 FY2024-25, reporting a revenue of ₹375.39 crore and a net profit of ₹142.49 crore. The company also reported a 17.5% year-over-year (YoY) increase in profit before tax (PBT), reflecting its continued growth in asset management services.
Key Financial Highlights – Q3 FY2024-25 (Standalone)
- Revenue from Operations: ₹375.39 crore (YoY increase of 29.4% from ₹289.99 crore)
- Total Income: ₹376.21 crore
- Profit Before Tax (PBT): ₹187.21 crore (YoY increase of 17.5% from ₹159.37 crore)
- Net Profit (PAT): ₹142.49 crore (YoY increase of 17.3% from ₹121.50 crore)
- Earnings Per Share (EPS): ₹11.17 per share.
Nine-Month Performance (April – December 2024) (Standalone)
- Total Revenue: ₹1,138.14 crore (YoY increase of 12.6% from ₹1,010.55 crore)
- Profit Before Tax (PBT): ₹704.58 crore
- Net Profit (PAT): ₹529.50 crore
- Earnings Per Share (EPS): ₹41.37 per share.
Key Financial Highlights – Q3 FY2024-25 (Consolidated)
- Total Revenue: ₹375.39 crore (YoY increase of 29.4% from ₹289.99 crore)
- Profit Before Tax (PBT): ₹221.19 crore
- Net Profit (PAT): ₹173.59 crore
- Earnings Per Share (EPS): ₹13.10 per share.
Strategic Developments & Key Announcements
- Increase in Equity Base:
- 4,36,450 equity shares were allotted in Q3 FY25 through employee stock options (ESOPs).
- 6,61,987 shares were allotted in the first nine months of FY25.
- Geographical Revenue Contribution:
- Domestic Revenue (India): ₹339.58 crore.
- International Revenue: ₹35.81 crore, contributing 9.5% of total Revenue.
- No Segment Diversification:
- The company focuses solely on asset management, portfolio management, and advisory services.
Management Commentary
Imtiyazur Rahman, Managing Director & CEO of UTI Asset Management Company, stated:"We continue to witness strong financial growth, driven by increasing assets under management and a stable investment strategy. Our disciplined approach and operational excellence position us well for sustained long-term growth.".
Market Outlook & Investor Takeaways
- Consistent growth in Revenue and profitability is driven by substantial AUM expansion.
- ESOP allotments indicate employee confidence in long-term business strategy.
- Sustained performance in both domestic and international markets.