HDFC AMC reports mixed performance in its September quarter (Q2). Business Line says net profit rises about 4% on “better earnings,” while noting revenue increases to ₹1,170 crore from ₹1,027 crore in the quarter under review. It also says other income falls sharply to ₹71 crore from ₹96 crore.
Other outlets focus on declines in broader topline measures. NDTV reports total income dips 9% quarter-on-quarter to ₹1,241 crore, compared with ₹1,363 crore in the previous quarter, and net profit falls 10.5% to the quarter’s figure. NDTV also highlights analyst reactions, saying Jefferies and Kotak Securities maintain “buy” calls after what they describe as an operating beat, despite the reported declines in net profit and total income. The different coverage centers on which financial line items are emphasized—revenue and earnings strength versus quarter-on-quarter changes in total income and net profit.
