UTI AMC Reports Strong Q1 Results with 16% Profit Growth, Approves ₹45 Crore Subsidiary Loan
UTI Asset Management Company Limited (UTI AMC) reported robust Q1 financial results. Standalone profit increased by 16% to ₹216.13 crore, while total income rose to ₹438.31 crore. The company's total group AUM reached ₹21,93,215 crore, with mutual fund QAAUM growing 16.15% YoY to ₹3,60,867 crore. UTI AMC maintained a strong presence across 699 districts in India, with 1.35 crore live folios. The company saw significant growth in digital initiatives and SIP inflows. The Board approved a ₹45 crore loan to its subsidiary and proposed a final dividend of ₹26 per share plus a special dividend of ₹22 per share.

*this image is generated using AI for illustrative purposes only.
UTI Asset Management Company Limited (UTI AMC) has reported robust financial results for the first quarter, showcasing significant growth in profits and assets under management (AUM).
Standalone Performance
UTI AMC's standalone profit for Q1 reached ₹216.13 crore, marking a substantial 16% increase from ₹185.81 crore in the same quarter last year. The company's total income rose to ₹438.31 crore, up from ₹390.01 crore year-over-year, indicating strong revenue growth.
Consolidated Results
On a consolidated basis, the company reported a profit attributable to owners of ₹236.85 crore for Q1. While this represents a 7% decrease from ₹254.17 crore in the previous year, it's important to note that the company's core profit after tax increased by 4% year-over-year to ₹122 crore.
Assets Under Management
UTI AMC's total group AUM stood at an impressive ₹21,93,215 crore as of June 30. The company's mutual fund quarterly average AUM (QAAUM) reached ₹3,60,867 crore, reflecting a robust 16.15% year-over-year growth.
Business Highlights
- Equity assets (active + passive) contributed 69% to UTI MF's total average AUM.
- The company maintained a strong presence across 699 districts in India.
- Total live folios stood at 1.35 crore as of June 30.
- Gross inflow mobilized through Systematic Investment Plans (SIPs) for the quarter was ₹2,260.98 crore.
- SIP AUM grew by 16.90% year-over-year to ₹42,195.93 crore.
Digital Initiatives
UTI AMC reported significant progress in its digital initiatives, with digital purchase transactions rising to 49.14 lakh, marking a 29.86% increase compared to the same quarter last year.
Subsidiary Loan Approval
In a strategic move, UTI AMC's Board of Directors approved an unsecured working capital loan of up to ₹45 crore to its wholly-owned subsidiary, UTI Alternatives Private Limited (UTI APL). The loan carries an interest rate based on the 1-year SBI MCLR, with quarterly interest payments and is repayable by March 31, 2028.
Management Commentary
Mr. Imtaiyazur Rahman, Managing Director & Chief Executive Officer of UTI AMC, commented on the results: "Q1 has offered a strong start to the financial year both for UTI AMC as well as the mutual fund industry. At the Company level, we have seen a notable growth in AUM and steady SIP inflows depicting a progressive curve in the last quarter."
Dividend Announcement
The Board of Directors has proposed a final dividend of ₹26 per equity share and an additional special dividend of ₹22 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.
UTI AMC's strong Q1 performance, coupled with its strategic initiatives and robust AUM growth, positions the company well for continued success in the asset management industry.
Historical Stock Returns for UTI AMC
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.15% | -4.17% | +0.72% | +37.53% | +15.44% | +183.37% |