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The Hindu·2 min read·medium

ICICI AMC net profit up 23% to ₹959.08 crore in Q1 FY27

T
The Hindu Bureau
ICICI AMC net profit up 23% to ₹959.08 crore in Q1 FY27
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ICICI Prudential Asset Management Company reported a 23% increase in net profit to ₹959.08 crore for the first quarter of fiscal year 2027. The growth was driven by a significant rise in net sales and positive mark-to-market gains on their equity assets.

Why it matters

The strong performance of a major asset manager serves as a key indicator of investor confidence and market health within the Indian financial sector.

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ICICI Prudential Asset Management Company (AMC) net profit up 23% to ₹959.08 crore as net sales besides mark-to-market gains added to the PAT as of quarter ended June 30, 2026 compared with corresponding period of last fiscal. The company posted a net profit of ₹778.2 crore in quarter ended June 30 2025.

The AMC’s net sales increased to ₹1.13 lakh crore, up 38.4% in the quarter ended June 30, 2026 as against ₹82,268 crore in the same quarter previous year. Overall revenue from operations increased 17.5% to ₹1564.2 crore as of first quarter of fiscal 2027 as against ₹1330.7 crore in the corresponding period previous fiscal.

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