HDFC Asset Management Company declared their Q4 FY24 results on 19 Apr, 2024. The topline increased by 28.56% & the profit increased by 43.78% YoY. Compared to the previous quarter, the revenue grew by 3.59% and the profit increased by 10.85%.
The Selling, general & administrative expenses declined by 4.24% q-o-q & increased by 20.68% Y-o-Y. The operating income was up by 5.88% q-o-q & increased by 32.45% Y-o-Y.
The EPS is ₹25.25 for Q4 FY24 which increased by 43.3% Y-o-Y. HDFC Asset Management Company has delivered 1.85% return in the last 1 week, 31.6% return in last 6 months and 17.7% YTD return.
Currently, HDFC Asset Management Company has a market cap of ₹80534.71 Cr and 52wk high/low of ₹4066.5 & ₹1728 respectively.
As of 21 Apr, 2024, out of 19 analysts covering the company, 1 analyst has given Strong Sell rating, 1 analyst has given Sell rating, 7 analysts have given Hold rating, 5 analysts have given Buy rating & 5 analysts have given Strong Buy rating. The consensus recommendation as on 21 Apr, 2024 was to Buy.
HDFC Asset Management Company Financials
Period | Q4 FY24 | Q3 FY24 | Q-o-Q Growth | Q4 FY23 | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 695.43 | 671.32 | +3.59% | 540.95 | +28.56% |
Selling/ General/ Admin Expenses Total | 86.71 | 90.55 | -4.24% | 71.85 | +20.68% |
Depreciation/ Amortization | 13.34 | 13.09 | +1.91% | 13.25 | +0.68% |
Total Operating Expense | 172.41 | 177.34 | -2.78% | 146.08 | +18.02% |
Operating Income | 523.02 | 493.98 | +5.88% | 394.87 | +32.45% |
Net Income Before Taxes | 678.84 | 636.83 | +6.6% | 491.75 | +38.05% |
Net Income | 540.84 | 487.92 | +10.85% | 376.17 | +43.78% |
Diluted Normalized EPS | 25.25 | 22.82 | +10.65% | 17.62 | +43.3% |
FAQs
Question : What is the Q4 FY24 profit/Loss as per company?
Ans : ₹540.84Cr
Question : What is Q4 FY24 revenue?
Ans : ₹695.43Cr
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