ICICI Prudential AMC Q2 FY27 profit rises year-on-year, declares Rs 30 interim dividend

SIP inflows dip 3 per cent at ₹4,672 crore; Company declares dividend of ₹30 a share

Mumbai: ICICI Prudential Asset Management Company Ltd on Monday announced a standalone net profit of Rs 888.96 crore for the quarter ended September 30, 2026. This marks a 6.08 percent rise compared to Rs 837.99 crore in the same quarter last year.Revenue from OperationsThe company's revenue from operations for the quarter stood at Rs 1,673.79 crore, up 16.31 percent from Rs 1,439.06 crore reported in the quarter ended September 30, 2025.Total Income and ExpensesTotal income for the quarter increased to Rs 1,690.70 crore, a 11.90 percent increase from Rs 1,510.92 crore in the year-ago period. Total expenses for the quarter rose to Rs 493.00 crore from Rs 418.31 crore in the corresponding period last year.Earnings Per ShareBasic earnings per share (EPS) for the quarter ended September 30, 2026, was Rs 17.99, compared to Rs 16.95 in the same quarter of the previous fiscal year.Interim Dividend DeclaredThe Board of Directors approved an interim dividend of Rs 30 per equity share. The record date for determining eligible shareholders for the interim dividend is October 21, 2026.Business Transfer AgreementDuring the half-year ended September 30, 2026, ICICI Prudential AMC completed the acquisition of certain investment management rights from ICICI Venture Funds Management Company Limited. This was for a consideration of Rs 107.94 crore, with effect from April 1, 2026. Additionally, the company entered into a Business Transfer Agreement with ICICI Securities Limited on September 23, 2026, to acquire its Portfolio Management Services business on a slump sale basis.Disclaimer: This report is based on unaudited financial results filed by the company and does not constitute investment advice.

Mumbai: ICICI Prudential Asset Management Company Limited reported a 7.8 percent quarter-on-quarter (QoQ) decline in net profit to Rs 888.96 crore for the September quarter (Q2 FY27), compared with Rs 964.63 crore in the June quarter (Q1 FY27).Revenue from operations, however, increased 7 percent sequentially to Rs 1,673.79 crore from Rs 1,564.22 crore.Quarterly Profit DeclinesThe company's profit before tax declined 6.5 percent to Rs 1,197.70 crore in Q2 FY27 from Rs 1,280.65 crore in the preceding quarter.Total income decreased 3.1 percent to Rs 1,690.70 crore from Rs 1,745.02 crore. Other income fell sharply to Rs 16.91 crore from Rs 180.80 crore.Total expenses increased 6.2 percent to Rs 493 crore from Rs 464.37 crore.Year-On-Year PerformanceDespite the sequential decline, net profit increased 6.1 percent from Rs 837.99 crore reported in the corresponding quarter last year.Revenue from operations rose 16.3 percent from Rs 1,439.06 crore in Q2 FY26.Total expenses increased from Rs 418.31 crore, while profit before tax rose from Rs 1,092.61 crore.Half-Year PerformanceFor the first half of FY27, net profit increased 14.3 percent to Rs 1,853.59 crore from Rs 1,621.61 crore in H1 FY26. Prudential To Acquire Bharti Life Stake, ICICI Pru Holding May Fall Below 10%Revenue from operations rose 16.9 percent to Rs 3,238.01 crore from Rs 2,769.73 crore.Interim Dividend AnnouncedThe company's board approved an interim dividend of Rs 30 per equity share, with October 21, 2026, fixed as the record date.The company also disclosed a proposed acquisition of ICICI Securities' portfolio management services business, subject to regulatory approval.Auditor's ReviewThe statutory auditor issued an unmodified limited-review conclusion. The previous-year comparative figures were restated following a business transfer and were not audited or reviewed.Disclaimer: This report is based on unaudited financial results filed by the company and does not constitute investment advice.

ICICI Prudential Asset Management Co's total income reduced 3.1% QoQ to Rs 1,691 crore, compared with Rs 1,745 crore in the previous quarter.