UTI AMC: profit after tax in Q1 FY24-25, up 56% QoQ

 https://youtube.com/shorts/DvCGB74QQIk?si=pKCWyovNrdI7bBfn

  • UTI AMC: profit after tax in Q1 FY24-25, up 56% QoQ
  • UTI AMC has geographical presence in 698 districts in India, amongst the highest in the industry. 
  • The quarterly profit after tax stood at ₹ 254 crore in Q1 FY24-25, up by 9% YoY and 56% QoQ
  • The core profit after tax for the first quarter (excluding income from investments and other nonoperating income) was ₹ 117 crore, up by 39% YoY and 21% QoQ. 
  • The total AUM for UTI Asset Management Company stood at ₹ 19,36,107 crore
  • As on 30th June 2024, UTI MF’s quarterly average assets under management (QAAUM) was ₹ 3,10,697 crore. 
  • Total live folios stood at 1.25 crore as on 30th June 2024

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