UTI Asset Management’s net down 44% in March quarter

BUSINESS

UTI Asset Management’s net down 44% in March quarter

AIMPWA

April 29, 2025

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UTI Asset Management Company has reported that its consolidated net profit in the March quarter was down 43.6 per cent to ₹102 crore against ₹181 crore logged in the same period last year due to fall in earnings.

Income was dipped 10 per cent to ₹376 crore (₹416 crore).

The fund house will pay a final dividend of ₹26 per equity share and special dividend of ₹22 per equity share taking overall dividend for financial year 2024-25 to ₹48 per equity share.

Overall expenses increased to ₹222 crore (₹202 crore).

Published on April 29, 2025

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