HDFC AMC Q4 Results: Cons profit drops 2% YoY to Rs 623 crore; co declares Rs 54/share dividend

HDFC AMC on Thursday reported a 2% decline in its consolidated net profit to Rs 623 crore for the March-ended quarter, compared with Rs 638 crore in the same period last year. The company’s board has recommended a final dividend of Rs 54 per share for the financial year ended March 2026.

Revenue from operations came in at Rs 1,051 crore, up from Rs 901 crore in the corresponding quarter last year, reflecting a 17% year-on-year (YoY) growth.

Total expenses increased to Rs 229 crore in the reporting period, rising from Rs 190 crore a year ago. Employee benefit expenses alone rose to Rs 125 crore from Rs 97 crore last year.


For the full year, HDFC AMC reported a profit after tax of Rs 2,858 crore, up from Rs 2,460 crore, marking a 16% growth. Total income for FY26 stood at Rs 4,122 crore, up 17% compared with Rs 4,060 crore in FY25.

According to a previous note by InCred analysts, HDFC AMC continues to maintain consistent leadership in equity and equity-oriented schemes. “It is noteworthy how the company has continued to minimise the impact of telescopic pricing, despite the rise in AUM, through a favourable mix and selective rationalisation of distribution payouts.”

HDFC AMC is one of India’s leading mutual fund managers, offering a wide range of equity, debt, and hybrid investment products. Backed by strong parentage and an established distribution network, the company manages a large and diversified asset base across retail and institutional clients.

The brokerage remains positive on inflows and market share gains. Following the announcement of the results, the company’s shares fell nearly 2% to Rs 2,614 on the NSE.