Nippon Life AMC releases Consolidated Quarterly Results for March 31, 2023. Nippon Life AMC has announced an increase in total income from Rs. 415.74 Crores as of December 31, 2022, to Rs. 388.03 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 205.16 Crores as of December 31, 2022, to Rs. 198.02 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 3.27 on December 31, 2022, to Rs. 3.17 on March 31, 2023, according to the company’s statement.
Nippon Life AMC Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 388.03 Crores (March 31, 2023) vs. Rs. 415.74 Crores (December 31, 2022)
Net profit/loss: Rs. 198.02 Crores (March 31, 2023) vs. Rs. 205.16 Crores (December 31, 2022)
EPS: Rs. 3.17 (March 31, 2023) vs. Rs. 3.27 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 388.03 Cr | ₹ 415.74 Cr | ⬇ -6.67% |
| Net Profit | ₹ 198.02 Cr | ₹ 205.16 Cr | ⬇ -3.48% |
| EPS | ₹ 3.17 | ₹ 3.27 | ⬇ -3.06% |
Nippon Life AMC Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 388.03 Crores (March 31, 2023) vs. Rs. 372.44 Crores (March 31, 2022)
Net profit/loss: Rs. 198.02 Crores (March 31, 2023) vs. Rs. 174.85 Crores (March 31, 2022)
EPS: Rs. 3.17 (March 31, 2023) vs. Rs. 2.78 (March 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹ 388.03 Cr | ₹ 372.44 Cr | ⬆ 4.19% |
| Net Profit | ₹ 198.02 Cr | ₹ 174.85 Cr | ⬆ 13.25% |
| EPS | ₹ 3.17 | ₹ 2.78 | ⬆ 14.03% |
Nippon Life AMC Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 1516.61 Crores (March 31, 2023) vs. Rs. 1535.63 Crores (March 31, 2022)
Net profit/loss: Rs. 723.33 Crores (March 31, 2023) vs. Rs. 744.16Â Crores (March 31, 2022)
EPS: Rs. 11.53 (March 31, 2023) vs. Rs. 11.80 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 1516.61 Cr | ₹ 1535.63 Cr | ⬇ -1.24% |
| Net Profit | ₹ 723.33 Cr | ₹ 744.16 Cr | ⬇ -2.80% |
| EPS | ₹ 11.53 | ₹ 11.80 | ⬇ -2.29% |
Nippon Life AMC Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹11.50 per Equity Share of Face Value of ₹10 each of the Company (115% of Face Value). Total Dividend for FY23 stood at ₹11.50 per Equity Share (Interim Dividend of ₹10 per Equity Share)
| Dividend | Record Date |
| ₹11.50 per Equity Share | 19/07/2023 |
About Nippon Life AMC:
Nippon Life India Asset Management Limited ( Nippon Life AMCL ) functions as an investment management company that caters to a diverse clientele including individuals, institutions, trusts, and private funds. The company provides an array of financial services such as portfolio management, mutual fund investment, financial planning, and advisory services. Nippon Life India Asset Management primarily serves customers in India.
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