ICICI Prudential AMC Q1 net profit rises 23% to ₹9,646.3 million
ICICI Prudential Asset Management Company Limited reported a 23.1% YoY rise in net profit to ₹9,646.3 million for Q1FY26, with revenue increasing 17.6% to ₹15,642.2 million. The Board approved the unaudited results reviewed by Walker Chandiok & Co LLP on July 13, 2026. The company also completed an acquisition of AIF management rights and paid a final dividend of ₹12.4 per share.
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ICICI Prudential Asset Management Company Limited reported a 23.1% year-on-year increase in net profit to ₹9,646.3 million for the quarter ended June 30, 2026. Revenue from operations grew 17.6% to ₹15,642.2 million, driven by the asset management business. The Board of Directors approved the unaudited financial results, which were subject to a limited review by statutory auditor Walker Chandiok & Co LLP, at a meeting held on July 13, 2026.
Financial Performance
Total income for the quarter stood at ₹17,450.2 million, up from ₹14,775.2 million in the corresponding period of the previous year. The company reported a profit before tax of ₹12,806.5 million, compared to ₹10,619.6 million in the year-ago period. Total expenses increased to ₹4,643.7 million from ₹4,155.6 million, primarily due to higher employee benefit costs.
The following table summarises the key financial metrics for the quarter:
| Particulars: | Quarter ended June 30, 2026 (₹ Million) | Quarter ended June 30, 2025 (₹ Million) | Change (%) |
|---|---|---|---|
| Revenue from Operations: | 15,642.2 | 13,306.7 | 17.6 |
| Total Income: | 17,450.2 | 14,775.2 | 18.1 |
| Total Expenses: | 4,643.7 | 4,155.6 | 11.7 |
| Net Profit: | 9,646.3 | 7,836.4 | 23.1 |
| Basic EPS (₹): | 19.52 | 15.85 | 23.2 |
Key Developments
During the quarter, the company completed the acquisition of investment management rights for identified Category II Alternative Investment Funds from ICICI Venture Funds Management Company Limited. The transaction, valued at ₹1,079.4 million, received necessary approvals from the Competition Commission of India and the Securities and Exchange Board of India. The company accounted for the business transfer as a common control transaction effective April 1, 2025, restating comparative financial information.
The company paid a final dividend of ₹12.4 per equity share for the year ended March 31, 2026, following shareholder approval at the Annual General Meeting on June 24, 2026. Additionally, the firm granted 0.76 million stock options and 0.19 million employee stock units under its ESOS 2025 and Unit Scheme 2026.
Conference Calls
Pursuant to Regulation 30 read with Schedule III Part A Para A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company hosted a conference call with media at 5.30 p.m. and an earnings call with investors and analysts at 6.15 p.m. on July 13, 2026. The audio recordings of these calls have been hosted on the company's website in compliance with Regulation 46 of the SEBI Listing Regulations.
Historical Stock Returns for ICICI Prudential Asset Management
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.47% | -0.16% | -5.80% | +5.19% | +20.92% | +20.92% |
How will the acquisition of investment management rights for Category II AIFs impact ICICI Prudential's market share in the alternative investment space?
What strategies will the company employ to manage rising employee benefit costs while maintaining profitability?
How does the company plan to sustain its revenue growth momentum in the asset management business amid market volatility?
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