Search in

Home News HDFC AMC

Read more interesting news from around the globe with Indianmoney App

Google Play
News Image

HDFC Mutual Fund net profit jumps 15% to Rs 206 crore

Tuesday, October 30, 2018, 6:05 PM

HDFC Asset Management Company, which went public during the second quarter, Monday reported a 15% jump in net profit at Rs 205.9 crore for the three months to September. Total revenue of the second-largest mutual fund house, rose 13% to Rs 515 crore, the company said in a statement, adding revenue from operations grew by 12% to Rs 480 crore.
News Image

HDFC AMC net profit jumps 15% to Rs 206crore

Tuesday, October 30, 2018, 9:40 AM

HDFC AMC posted a 15% increase in its net profit at `205.9 crore for the three months ended September on the back of similar growth in revenues. Revenue of HDFC AMC for the quarter rose 13% to `515.3 crore. While the operating profit for the quarter was `262.3 crore compared to `236.6 crore for the quarter ended September 30, 2017, an increase of 11%.
News Image

HDFC AMC IPO subscribed 35% in the first few hours on Day 1

Wednesday, July 25, 2018, 3:51 PM

The initial public offer of HDFC Asset Management Company was subscribed 35% within the first few hours on the first day of bidding today. The mutual fund firm's Rs 2,800-crore public offer received bids for 64,90,705 shares against the total issue size of 1,88,04,290 shares, data available with the NSE till 1215 hrs showed.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
Get It now!

This is to inform that Suvision Holdings Pvt Ltd ("") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any su