Nippon Life India Asset Management · NSE: NAM-INDIA · BSE: 540767

Q1 FY24 results · Apr–Jun 2023

Nippon Life India Asset Management reported revenue from operations of ₹354.15 crore (up 12.0% from Q1 FY23) and net profit of ₹235.72 crore (up 106.6% from Q1 FY23) for Q1 FY24 (Apr–Jun 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	354.15	316.10	+12.0%	348.34	+1.7%
Other income	116.87	(16.73)	Turned profit	39.69	+194.5%
Total income	471.02	299.37	+57.3%	388.03	+21.4%
Profit before share of associates & JVs and tax	309.93	154.59	+100.5%	239.21	+29.6%
Share of profit/(loss) of associates & JVs	0.35	(0.26)		0.28
Net profit for the period	235.72	114.08	+106.6%	198.02	+19.0%
EPS, basic (₹)	3.78	1.84	+105.4%	3.18	+18.9%
Net margin (%)	66.6	36.1		56.8

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	328.97	294.61	+11.7%	325.23	+1.1%
Other income	105.69	(6.70)	Turned profit	46.28	+128.4%
Total income	434.66	287.91	+51.0%	371.51	+17.0%
Profit before tax	294.63	160.24	+83.9%	243.29	+21.1%
Net profit for the period	222.45	120.95	+83.9%	198.96	+11.8%
EPS, basic (₹)	3.57	1.94	+84.0%	3.19	+11.9%
Net margin (%)	67.6	41.1		61.2

Consolidated

Filed with BSE: 27 Jul 2023, 16:07 IST
Board meeting: 27 Jul 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 27 Jul 2023, 16:07 IST
Board meeting: 27 Jul 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE