Results     26-Apr-23
Announcements
Nippon Life India Asset Management consolidated net profit rises 13.25% in the March 2023 quarter
Sales rise 3.07% to Rs 348.34 crore
Net profit of Nippon Life India Asset Management rose 13.25% to Rs 198.02 crore in the quarter ended March 2023 as against Rs 174.85 crore during the previous quarter ended March 2022. Sales rose 3.07% to Rs 348.34 crore in the quarter ended March 2023 as against Rs 337.97 crore during the previous quarter ended March 2022.

For the full year,net profit declined 2.80% to Rs 723.33 crore in the year ended March 2023 as against Rs 744.16 crore during the previous year ended March 2022. Sales rose 3.30% to Rs 1349.82 crore in the year ended March 2023 as against Rs 1306.64 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales348.34337.97 3 1349.821306.64 3
OPM %59.9561.52 -58.8860.52 -
PBDT247.37241.27 3 957.531015.89 -6
PBT239.21234.38 2 927.74988.67 -6
NP198.02174.85 13 723.33744.16 -3

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