Aditya Birla Sun Life AMC’s Profit after Tax at Rs. 2.4 bn; up by 36% Y-o-Y
FinTech BizNews Service
Mumbai, October 28, 2024: Aditya Birla Sun Life AMC Limited (ABSLAMC) announced its unaudited
financial results for the quarter and half year ending September 30, 2024.
Business Highlights:
ABSLAMC’s overall QAAUM including Alternate assets grew by 24% year-on-year to Rs. 4,004
billion for the quarter ending September 30, 2024. ABSLAMC Mutual Fund QAAUM also witnessed
growth of 23% year-on-year to Rs. 3,833 billion.
Equity Mutual Fund QAAUM increased by 39% year-on-year to Rs. 1,806 billion for quarter ending
September 30,2024. Equity Mutual Fund mix increased from 42% in Q2 FY24 to 47% Q2 FY25.
Individual Monthly AAUM has increased by 28% year-on-year to Rs. 2,034 billion for September
2024. Individual mix is at 53% of Total Mutual Fund AUM.
B-30 Monthly AAUM has increased by 34% year-on-year to Rs. 711 billion for September 2024. B-
30 mix is at 18% of Mutual Fund AUM.
Passive AUM stood at Rs. 301 billion as of September 30, 2024.
ABSLAMC serviced 10.2 million folios as of September 30, 2024.
Monthly systematic flows (including STP) witnessed growth of 47% year-on-year to Rs. 14.25
billion for September 2024 with 4.59 million accounts.
Registered around 11,55,000 new SIPs (including STP) for the quarter ending September 30,
2024, witnessing year-on-year growth of 443%.
Over 86,000 KYD-compliant MFDs, 340+ National Distributors and 90+ Banks serviced through
300+ locations of which over 80% are in B-30 cities.
Key Highlights – Q2 FY25
Total Revenue at Rs. 5.2 bn; up 33% Y-o-Y
Profit before Tax at Rs. 3.4 bn; up by 42% Y-o-Y
Profit after Tax at Rs. 2.4 bn; up by 36% Y-o-Y
MF QAAUM at Rs 3,833 bn, up 23% Y-o-Y
Equity MF QAAUM at Rs 1,806 bn, up 39% Y-o-Y
Equity mix has grown to 47% vs 42%, Y-o-Y
SIP Book at Rs 14.25 bn for September 2024; up 47% Y-o-Y
New SIP registrations at ~11,54,000; up 443% Y-o-Y
ABSLAMC serviced 10.2 million folios as of September 30, 2024
Financial Highlights:
Q2 FY25 Total Revenue is at Rs. 5.2 billion; up 33% year-on-year.
Q2 FY25 Profit before Tax is at Rs 3.4 billion; up 42% year-on-year.
Q2 FY25 Profit after Tax is at Rs 2.4 billion; up 36% year-on-year.
H1 FY25 Total Revenue is at Rs. 10.0 billion; up 28% year-on-year.
H1 FY25 Profit before Tax is at Rs 6.4 billion; up 34% year-on-year.
H1 FY25 Profit after Tax is at Rs 4.8 billion; up 32% year-on-year.
