Q2 2023 Results HDFC AMC

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result

· Net Profit of ₹436.5 Cr · Revenue up by 18.1% to ₹643.1 Cr · EBITDA came at Rs 482.2 Cr v/s Rs 404.57 Cr (YoY), up 19% · EBITDA Margin came at 75% v/s 74.2% (YoY)

Performance Highlights

· Revenue: ₹ 643.1 Cr · Growth: 20% YoY · Net Profit: ₹ 436.5 Cr

Corporate Results

HDFC AMC did 5.86M transactions worth 2,240 Cr in Q2. Individual investors contributed 67.5% of monthly AUM, surpassing industry avg. of 58.8%

Market Performance

HDFC AMC's QAAUM reached ₹5.24L Cr in Sep'23, up from ₹4.29L Cr in Sep '22. It holds an 11.2% market share in the Indian mutual fund industry, excelling in equity-focused funds.