UTI Asset Management Company Limited reported a consolidated net profit of ₹294 crore for the quarter ended June 30, 2026, representing a 24% increase compared to ₹237 crore in the corresponding period of the previous year. The asset manager's revenue from operations grew to ₹584 crore from ₹547 crore in Q1FY26, primarily driven by a net gain on fair value changes which amounted to ₹187 crore. On a standalone basis, the company recorded a profit of ₹218 crore for the quarter, slightly higher than the ₹216 crore reported in the same quarter last year.

Financial Performance

The company's total income on a consolidated basis stood at ₹585 crore for Q1FY27, up from ₹549 crore in the prior year. Total expenses for the quarter were ₹217 crore, a marginal decrease from ₹223 crore in Q1FY26. The profit before tax for the quarter was ₹368 crore, compared to ₹326 crore in the previous year. The basic earnings per share (EPS) for the quarter increased to ₹22.86 from ₹18.50 in the year-ago period.

Consolidated Financial Results (₹ in crore)

Standalone Results

In its standalone financial results, UTI AMC posted a total revenue from operations of ₹438 crore for the quarter ended June 30, 2026, compared to ₹437 crore in the same quarter of the previous year. The standalone profit for the period was ₹218 crore, while the total comprehensive income for the quarter stood at ₹205 crore. The standalone basic EPS was reported at ₹16.95.

Operational Details

The Board of Directors approved the unaudited standalone and consolidated financial results in its meeting held on July 22, 2026. The results were subjected to a limited review by the statutory auditors, B S R & Co. LLP. During the quarter, the company allotted 5,302 equity shares of face value ₹10 each pursuant to the exercise of stock options. Additionally, shareholders approved a final dividend of ₹40 per equity share at the Annual General Meeting held on July 21, 2026.

The company's consolidated financial results include the performance of subsidiaries such as UTI International Limited, UTI Pension Fund Limited, and UTI Alternatives Private Limited. The geographical revenue data indicates that the Domestic Segment (India) contributed ₹353.33 crore, while the International Segment contributed ₹25.41 crore to the total revenue from operations for the quarter.

UTI Asset Management Company Limited held its 23rd Annual General Meeting (23rd AGM) on July 21, 2026, through video conferencing to approve its financial results for the year ended March 31, 2026, and declare a final dividend. The meeting, chaired by Mr. Deepak Kumar Chatterjee, Non-Executive Chairman and Independent Director, concluded at 1516 hrs IST after transacting four ordinary businesses. All resolutions were passed with the requisite majority following remote e-voting and e-voting during the meeting.

Key Resolutions Passed

The shareholders adopted the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, along with the directors' report and auditor's report thereon. The company declared a final dividend on equity shares for the same financial year. Additionally, the meeting approved the re-appointment of Mr. Santosh Kumar (DIN: 10166739), who retires by rotation, as a Non-Executive Nominee Director. M/s. B S R & Co. LLP, Chartered Accountants, were re-appointed as the Statutory Auditor of the company, and their remuneration was fixed.

Voting Details and Participation

The remote e-voting period commenced on July 18, 2026, and concluded on July 20, 2026. Voting rights were reckoned based on equity shares held as on the cut-off date of July 14, 2026. A total of 1,66,929 shareholders were on record as of the cut-off date. While 84 members participated through video conferencing, 446 shareholders cast their votes through remote e-voting and 21 through e-voting at the AGM.

Scrutinizer's Report Findings

Mr. Vishal N. Manseta, Practicing Company Secretary, served as the scrutinizer for the e-voting process. The consolidated report indicated that all four resolutions received overwhelming support from the shareholders. The resolution to adopt financial statements received 99.97% votes in favour, while the dividend declaration received 100% votes in favour. The re-appointment of the director and the statutory auditor also secured significant majorities.

The proceedings, scrutinizer's report, and e-voting results have been submitted to the National Stock Exchange of India Limited and BSE Limited and are available on the company's website.