UTI Asset Management Company Limited (UTI AMC) has announced its financial results for the second quarter and first half of fiscal year 2027. The company reported a consolidated Core Profit After Tax of ₹131 crore for Q2 FY27, a significant increase of 22% year-on-year. This growth was driven by a 2% rise in core income and a strengthening AUM, with mutual fund QAAUM reaching ₹4.02 lakh crore.
UTI AMC Reports Strong Q2 FY27 Financials
UTI Asset Management Company Limited (UTI AMC) announced its financial and business performance for the second quarter (Q2) and first half (H1) of the fiscal year 2027 (FY27). The company demonstrated steady progress in strengthening its franchise and expanding investor participation, highlighted by a robust increase in profitability.
Key Financial Highlights (Q2 FY27)
Standalone Performance
- The Core income (Sale of Services) amounted to ₹324 crore, marking a 2% year-on-year (YoY) increase and a 5% quarter-on-quarter (QoQ) growth.
- The Core profit after tax for the quarter stood at ₹136 crore, an impressive 31% YoY growth and 14% QoQ growth.
- The Profit after Tax was ₹143 crore, showing a 14% YoY decline but a 34% QoQ decline.
Consolidated Performance
- The Core income (Sale of Services) reached ₹398 crore, up by 2% YoY and 5% QoQ.
- The Core profit after tax saw a substantial 22% YoY increase to ₹131 crore, with a 2% QoQ growth.
- The Profit after Tax was ₹132 crore, an increase of 17% YoY, though it declined by 55% QoQ.
First Half FY27 Performance
Standalone Performance
- The Core income (Sale of Services) for H1 FY27 was ₹632 crore, a 1% YoY increase.
- The Core profit after tax rose by 14% YoY to ₹253 crore.
- The Profit after Tax stood at ₹361 crore, a 5% YoY decrease.
Consolidated Performance
- The Core income (Sale of Services) for H1 FY27 was ₹777 crore, up by 1% YoY.
- The Core profit after tax increased by 15% YoY to ₹263 crore.
- The Profit after Tax saw a significant 22% YoY increase to ₹426 crore.
Business Performance and Strategic Outlook
Mr. Vetri Subramaniam, Managing Director and Chief Executive Officer, UTI AMC, highlighted the company’s achievements. He noted the rise in mutual fund QAAUM to ₹4.02 lakh crore in Q2 FY27, and equity schemes recording ₹3,415 crore in net inflows during H1 FY27. The company’s share of wallet improved to 3.82%. The strength of its SIP franchise, growing digital adoption, and an expanding investor base are key drivers for building sustainable growth and deepening market participation, aligning with their long-term vision under ‘Mission 2031’.
Source: BSE
