Canara Robeco AMC Reports 13% Revenue Growth in Q4, Declares ₹2.5 Dividend
Canara Robeco AMC Q4 Results: Revenue rises 13%, PAT steady at ₹41 crore; declares ₹2.5 dividend
Mint
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Canara Robeco Asset Management Company, a subsidiary of Canara Bank, reported a 12.8% increase in Q4 revenue to ₹114.20 crore and a steady profit after tax of ₹41.36 crore. The company declared a ₹2.50 dividend per share for FY26, reflecting a 6.9% annual profit growth.
- 01Q4 revenue increased by 12.8% to ₹114.20 crore.
- 02Profit after tax for Q4 was ₹41.36 crore, slightly down from last year.
- 03Full-year revenue rose to ₹424.95 crore, up from ₹364.55 crore in FY25.
- 04The annual profit after tax increased by 6.9% to ₹203.80 crore.
- 05A final dividend of ₹2.50 per share was recommended, pending shareholder approval.
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Canara Robeco Asset Management Company, a subsidiary of Canara Bank, reported its financial results for the quarter and full year ending March 31, 2026. For Q4FY26, the company achieved a revenue of ₹114.20 crore, marking a 12.8% increase from ₹101.26 crore in the same quarter last year. The profit after tax stood at ₹41.36 crore, slightly lower than the previous year's ₹41.73 crore. Over the entire fiscal year, revenue from operations rose to ₹424.95 crore, up from ₹364.55 crore in FY25, with a profit after tax of ₹203.80 crore, reflecting a growth of 6.9%. The company also announced a final dividend of ₹2.50 per share for FY26, subject to shareholder approval. The company's shares have rebounded significantly, gaining 29% in April, recovering from a decline that saw them drop to ₹215 in March.
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The financial performance and dividend declaration may boost investor confidence and encourage more investments in the mutual fund sector, benefiting both the company and its shareholders.
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