UTI AMC Q1 profit drops 7 pc to Rs 237 cr
PTI
New Delhi, Jul 24 (PTI) UTI Asset Management Company (AMC) on Thursday posted a 7 per cent decline in its consolidated profit after tax to Rs 237 crore for the quarter ended June 2025.
The company had posted a profit after tax of Rs 254 crore in the same quarter of the preceding fiscal (2024-25).
Its revenues from operations rose 3 per cent to Rs 547 crore in the quarter under review from Rs 529 crore in the April-June quarter of FY25, according to an exchange filing.
'Q1 FY26 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," Imtaiyazur Rahman, Managing Director & Chief Executive Officer, said.
As of June 2025, the total group assets under management (AUM) for UTI AMC stood at Rs 21.93 lakh crore. UTI Mutual Funds' quarterly average asset base was at Rs 3.61 lakh crore. PTI SP MR MR
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
NDTV
15 minutes ago
- NDTV
Tata Altroz, Harrier.ev And More Get Onam Discount Of Up To Rs 2 Lakh
Tata Motors has launched its exclusive Onam offers campaign for the state of Kerala. Valid from 25th July to 30th September 2025, the Company is offering special benefits up to Rs 2,00,000 on Passenger and Electric vehicles with priority deliveries as a part of Onam bookings. Customers can now avail Balloon Schemes - enabling low initial EMIs for easier upgrades, Step-Up Schemes that provide progressive EMIs tuned to income raises for ease of payment, and Low EMI Scheme offering just Rs 100 per lakh EMI for the first 3 months. Moreover, EV customers can also avail 6-month financing for accessories, extended warranty, AMC, and servicing, making EV ownership even more accessible. Tata Motors: Onam Discount ICE Model Total Discount Up to EV Model Total Discount Up to Tiago Rs 60,000 Rs 1,00,000 Tigor Rs 60,000 Rs 85,000 Altroz Rs 1,00,000 Rs 1,00,000 Punch Rs 65,000 Rs 2,00,000 Nexon Rs 60,000 Rs 1,00,000 Curvv Rs 40,000 Harrier Rs 75,000 Safari Rs 75,000 Enhancing the festive fervor in Kerala, Mr. Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Ltd., said, "Kerala has always been a vital market for Tata Motors and holds special significance for the Tata Group. Onam is the most important festival for our customers here, and we are committed to making this celebration even more meaningful. This year's festive campaign is designed to enhance the overall buying experience with attractive cash offers, easy financing options, and priority deliveries-ensuring a delightful journey for our customers. The brand claims that in line with the commitment to seamless ownership, Tata Motors has expanded its service network across Kerala, now boasting 622 passenger vehicle bays in 83 workshops, a dedicated EV battery repair centre, training facilities, and 5 stores. We believe these initiatives, coupled with our heartfelt campaign, will bring added joy to the season and strengthen our emotional bond with our customers
Indian Express
15 minutes ago
- Indian Express
Gold Today Rate, 13 August: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities
Gold Rate Today: Gold prices in India declined for the second time this week; however, prices have been falling since August 9th. According to GoodReturns, gold prices have dropped by Rs 19,100 in 100 grams and Rs 1,910 in 10 grams of 24 carat over the last four days. Gold, considered an ideal inflation hedge, has volatile prices amid rising economic uncertainty and Trump's tariff tensions. The price of gold in India today is ₹10,135 per gram for 24 karat gold, ₹9,290 per gram for 22 karat gold and ₹7,601 per gram for 18 karat gold. The most expensive gold is 24-carat gold, which is often used for investment purposes; meanwhile, 22-carat gold and 18-carat gold are often used in jewellery. Source: GoodReturns
India.com
15 minutes ago
- India.com
Independence Day 2025: FASTag Annual Pass to launch on August 15, Check benefits, price and other details here
एनुअल पास लाने का मकसद क्या है? New Delhi: The National Highways Authority of India (NHAI) is set to introduce the FASTag Annual Pass starting August 15. With this, the highway commuting in India is set for a major upgrade. It is important to note that under this scheme, owners of private cars, jeeps, and vans can pay a one-time fee of Rs 3,000, which will cover up to 200 toll transactions or travel for one full year, whichever comes first. The new pass is designed to simplify and reduce the cost of frequent highway travel. Here are some of the key details: The FASTag Annual Pass offers private cars, jeeps, and vans free access through designated National Highway (NH) and National Expressway (NE) toll plazas It is important to note that the FASTag Annual Pass will be valid for either one year or up to 200 trips, whichever comes first. Once the Rs 3,000 payment for the 2025–26 base year is confirmed, the pass is usually activated on the registered FASTag within two hours. For tolls on state highways or municipal roads, FASTag will continue to operate normally, with standard charges applied. There's no need to purchase a new FASTag, as the Annual Pass can be linked to an existing FASTag However, it should meet certain eligibility conditions, such as being clearly displayed on the windshield and the vehicle registration number not being blacklisted. How to purchase the FASTag Annual Pass online? For the convenience of the owners, we have mentioned the steps via which they can purchase the FASTag Annual Pass online: Go to the Rajmarg Yatra app or the official NHAI/MoRTH website. Log in using details such as your vehicle registration number and FASTag ID. Make a payment of Rs 3,000 through UPI, debit/credit card, or net banking. The Annual Pass will be linked to your existing FASTag—no need to purchase a new one. You'll receive an SMS confirmation on August 15, when the pass becomes active.
