UTI Asset Management Reports Q4FY26 Loss Despite Revenue Growth
UTI AMC Q4FY26 result: Net loss at ₹64 cr, revenue rises 4% to to ₹390 cr
Business Standard
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UTI Asset Management Company reported a consolidated net loss of ₹67 crore for Q4FY26, down from a profit of ₹87 crore in the same quarter last year. Revenue increased by 4% to ₹390 crore, but full-year profits fell by 45% to ₹404 crore amid a challenging financial environment.
- 01Consolidated net loss of ₹67 crore in Q4FY26 compared to a profit of ₹87 crore in Q4FY25.
- 02Revenue rose by 4% year-on-year to ₹390 crore in the latest quarter.
- 03Full financial year FY26 net profit declined by 45% to ₹404 crore.
- 04Total Assets Under Management (AUM) increased by 11% year-on-year to ₹23.42 trillion.
- 05Final dividend of ₹40 per share proposed, subject to shareholder approval.
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UTI Asset Management Company reported a consolidated net loss of ₹67 crore for the quarter ending March 2026, a significant drop from a net profit of ₹87 crore during the same period last year. Despite this loss, the company saw a 4% increase in revenue, reaching ₹390 crore, compared to ₹376 crore in Q4FY25. For the full financial year FY26, UTI AMC's net profit fell by 45% to ₹404 crore, while revenues declined by 8% to ₹1,698 crore. The Managing Director and CEO, Vetri Subramaniam, highlighted the company's growth in mutual fund assets, with a total AUM of ₹23.42 trillion, marking an 11% year-on-year increase. The quarterly average AUM for the mutual fund business grew by 14% to ₹3.88 trillion. Additionally, the board has recommended a final dividend of ₹40 per equity share, pending shareholder approval at the upcoming Annual General Meeting.
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The decline in net profit may affect investor confidence and could lead to changes in investment strategies among stakeholders.
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