Annual Recurring Revenue (ARR) AUM at Rs 2,27,879 Crore - up 36.3% YoY
FinTech BizNews Service
Mumbai, April 24, 2024: 360 ONE WAM announced Q4 and Full Year FY24 Results on Tuesday.
Key highlights and updates:
· FY24 PAT at Rs 802 Crore - up 20.0% YoY
· FY24 Total Revenues at Rs 1,965 Crore - up 25.3% YoY
· Q4 FY24 Pat at Rs 241 Crore - up 55.5% YoY and 24.3% QoQ
· Q4 FY24 Total Revenues at Rs 623 Crore - up 61.8% YoY and 33.6% QoQ
· Overall Assets Under Management (AUM) at Rs 4,66,909 Crore as on March 2024
· Annual Recurring Revenue (ARR) AUM at Rs 2,27,879 Crore - up 36.3% YoY And 3.2% QoQ
· Board Approved Interim Dividend of Rs 3.50 Per Share
Karan Bhagat, MD & CEO, 360 ONE: "Continued expansion in our domestic coverage will be a key growth driver as we leverage the strength of our core platform and innovative competencies to fuel high growth across all client segment and become a favoured manager of global capital looking to access India. The unique blend of macro tailwinds and our distinctive proposition continues to consolidate our position as one of the leading players in India."
