UTI AMC Navigates Financial Challenges Amidst Rising AUM
UTI Asset Management Company reported a consolidated net loss despite rising assets under management. Profits dipped 45% for FY26, but group AUM saw an 11% rise. The company announced a Rs 40 per share dividend, highlighting ongoing business momentum amid challenging profitability.
- Country:
- India
UTI Asset Management Company has announced a consolidated net loss of Rs 67 crore for the quarter ending March 2026, in contrast to a net profit of Rs 87 crore during the same period last year.
However, the firm noted a 4 per cent rise in revenue to Rs 390 crore, supported by business momentum and an increase in total Group Assets Under Management (AUM) by 11 per cent year-on-year to Rs 23.42 lakh crore.
Despite a 45 per cent drop in full-year net profit to Rs 404 crore, the board proposed a final dividend of Rs 40 per equity share, emphasizing continued growth in mutual fund assets.
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