UTI AMC Reports Q2 FY26 Results: Core Income Up 5%, Leadership Transition Announced

UTI Asset Management Company (UTI AMC) has released its financial results for the second quarter of fiscal year 2026, showcasing steady growth and announcing key strategic developments.

Financial Highlights

UTI AMC reported a 5% year-on-year increase in consolidated core income, reaching Rs. 390.00 crores for Q2 FY26. The company's normalized consolidated core Profit After Tax (PAT) stood at Rs. 127.00 crores, after adjusting for a one-time family pension revision impact of Rs. 25.00 crores.

Key financial metrics for Q2 FY26:

Metric	Q2 FY26	YoY Change
Consolidated Core Income	Rs. 390.00 crores	+5%
Normalized Consolidated Core PAT	Rs. 127.00 crores	-5%
Total AUM	Rs. 22.42 lakh crores	+11%
Mutual Fund AUM	Rs. 3.78 lakh crores	+10.2%

Leadership Transition

In a significant move, UTI AMC's Board of Directors has appointed Vetri Subramaniam as the incoming Managing Director and CEO, effective February 1, 2026. The current MD and CEO, Imtaiyazur Rahman, will transition to the role of Strategic Advisor until June 2026, ensuring a smooth handover of leadership.

Operational Highlights

SIP inflows for Q2 FY26 reached Rs. 2,338.00 crores, showing a 12.04% year-on-year growth.
The company launched UTI Multi Cap Fund in May, which has grown to Rs. 1,576.00 crores in assets by September.
UTI AMC captured a 6.2% market share of industry gross sales during the quarter.

Strategic Initiatives

UTI AMC has implemented a Voluntary Retirement Scheme (VRS) for 479 eligible employees, with applications accepted until October 31, 2025. This move is part of the company's workforce optimization strategy.

Future Outlook

Vetri Subramaniam, the incoming MD and CEO, outlined key focus areas for the company's future:

Workforce rejuvenation and optimization of the sales team structure
Enhancing brand visibility and connection with younger investors
Improving digital assets and customer engagement
Maintaining strong fund management processes
Increasing SIP market share

Subramaniam emphasized the importance of balancing cost control with strategic investments in brand and digital capabilities to drive long-term growth.

As UTI AMC navigates through this transition period, the company remains committed to delivering value to its customers, shareholders, and stakeholders while adapting to the evolving financial landscape.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.05%	-4.39%	-3.24%	+19.25%	+9.54%	+170.74%

UTI Asset Management Company Limited (UTI AMC), one of India's leading asset management firms, has reported its financial results for the second quarter of fiscal year 2026, revealing a decline in profitability amid challenging market conditions.

Key Financial Highlights

UTI AMC's standalone financial performance for Q2 FY26 shows a significant year-on-year decrease in profits:

Particulars (Standalone)	Q2 FY26	Q2 FY25	YoY Change
Profit	₹166.21	₹201.20	-17.4%
Revenue from Operations	₹390.22	₹416.64	-6.3%

For the half-year ended September 30, 2025, the company's standalone profit stood at ₹382.34 crore, compared to ₹387.01 crore in the corresponding period of the previous year, indicating a marginal decline.

Consolidated Performance

On a consolidated basis, the company's performance showed a more pronounced decline:

Particulars (Consolidated)	Q2 FY26	Q2 FY25	YoY Change
Profit Attributable to Owners	₹113.01	₹239.17	-52.7%

Dividend Distribution

UTI AMC has declared substantial dividends:

Final dividend of ₹26 per share
Special dividend of ₹22 per share

These dividends were paid during the reported period, reflecting the company's focus on maintaining shareholder value despite the challenging financial landscape.

Strategic Initiatives

The company has undertaken several strategic measures to address its operational structure and employee benefits:

Voluntary Retirement Scheme (VRS): The Board of Directors approved a VRS for certain categories of employees, effective from October 01, 2025. This move may be aimed at optimizing the company's workforce and improving operational efficiency.
Family Pension Benefits Revision: The company has revised family pension benefits for eligible employees. This revision resulted in an incremental liability of ₹24.91 crore, which has been accounted for in the Q2 FY26 financial results.

Market Position and Outlook

Despite the profit decline, UTI AMC continues to be a significant player in India's asset management industry. The company's ability to maintain a strong dividend payout in a challenging quarter suggests confidence in its long-term financial health and liquidity position.

The asset management sector in India faces various challenges, including market volatility and regulatory changes. UTI AMC's strategic initiatives, such as the VRS and pension benefit revisions, indicate proactive measures to adapt to the evolving business environment.

As the financial markets continue to navigate through uncertainties, UTI AMC's focus on operational efficiency and shareholder returns may help in maintaining its competitive position in the asset management landscape.