HDFC Asset Management Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
January 24, 2023 at 02:48 pm IST
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HDFC Asset Management Company Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 5,595.6 million. Revenue was INR 6,629.6 million. Net income was INR 3,691.6 million. Basic earnings per share from continuing operations was INR 17.31. Diluted earnings per share from continuing operations was INR 17.3.
For the nine months, sales was INR 16,258.6 million. Revenue was INR 18,447.9 million. Net income was INR 10,472 million. Basic earnings per share from continuing operations was INR 49.1. Diluted earnings per share from continuing operations was INR 49.08.
HDFC Asset Management Company Limited is a mutual fund manager. The Company is engaged in the business of providing asset management services to HDFC Mutual Fund and alternative investment fund and portfolio management and advisory services to clients. The Company offers a comprehensive suite of savings and investment products ranging from mutual funds, including both actively managed and passive options, to portfolio management services and alternative investment opportunities catering to the needs of a diverse customer base. It offers financial management services, financial advisory, brokerage, and consulting services. It has a network of 228 investor service centers (ISCs) across more than 200 cities. The Company offers portfolio management services and separately managed account (SMA) services to meet the investment needs of its clients, including high net worth individuals (HNIs), family offices, domestic corporates, trusts, provident funds, and domestic and global institutions.
HDFC ASSET MANAGEMENT COMPANY LIMITED 
