| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,170 | 1,027 | +13.9% |
| EBITDA | 930 | 801 | +16.1% |
| EBITDA margin | 79.5% | 77.9% | +1.5 pts |
| Profit before tax | 977 | 876 | +11.5% |
| Net profit | 749 | 718 | +4.2% |
| EPS | ₹17.46 | ₹33.58 | −48.0% |
| Tap a line for its trend | Q2 FY27Sep 2026 | Q1 FY27Jun 2026 | Q4 FY26Mar 2026 | Q3 FY26Dec 2025 | Q2 FY26Sep 2025 | Q1 FY26Jun 2025 | Q4 FY25Mar 2025 | Q3 FY25Dec 2024 | Q2 FY25Sep 2024 | Q1 FY25Jun 2024 | Q4 FY24Mar 2024 | Q3 FY24Dec 2023 | Earlier quartersAlpha Plus |
|---|
| 1,170 | 1,100 | 1,052 | 1,075 | 1,027 | 968 | 901 | 935 | 887 | 775 | 695 | 671 | Earlier quartersEvery year the company has filed comes with Alpha Plus. | |
| 71.3 | 263 | 11.6 | 159 | 96.2 | 233 | 124 | 93.1 | 171 | 173 | 156 | 143 | ||
| 1,241 | 1,363 | 1,063 | 1,234 | 1,124 | 1,201 | 1,025 | 1,028 | 1,058 | 949 | 851 | 814 | ||
Expenses | |||||||||||||
| 142 | 144 | 125 | 124 | 124 | 109 | 96.9 | 95.3 | 95.9 | 101 | 86.7 | 90.6 | ||
| 3.7 | 3.7 | 3.7 | 3.4 | 3.2 | 3.1 | 2.6 | 2.2 | 2.3 | 2.3 | 2.3 | 2.2 | ||
| 20.7 | 20.5 | 19.4 | 18.4 | 17.8 | 17.3 | 16.6 | 14.9 | 13.7 | 13.3 | 13.3 | 13.1 | ||
| 94.8 | 103 | 78.3 | 73.0 | 101 | 84.4 | 73.1 | 74.3 | 86.9 | 78.8 | 69.4 | 71.1 | ||
| 265 | 274 | 229 | 220 | 248 | 215 | 190 | 188 | 200 | 196 | 172 | 177 | ||
| 930 | 850 | 845 | 876 | 801 | 773 | 730 | 764 | 703 | 594 | 539 | 509 | ||
| 909 | 830 | 826 | 858 | 783 | 756 | 714 | 749 | 690 | 581 | 525 | 496 | ||
Profit | |||||||||||||
| 977 | 1,089 | 834 | 1,014 | 876 | 986 | 835 | 840 | 858 | 752 | 679 | 637 | ||
| 977 | 1,089 | 834 | 1,014 | 876 | 986 | 835 | 840 | 858 | 752 | 679 | 637 | ||
| 221 | 245 | 213 | 223 | 149 | 222 | 194 | 184 | 187 | 165 | 123 | 137 | ||
| 7.1 | 6.7 | −1.7 | 21.4 | 8.5 | 16.6 | 2.2 | 14.4 | 95.0 | −16.4 | 15.3 | 11.6 | ||
| 228 | 252 | 211 | 245 | 158 | 238 | 197 | 198 | 282 | 148 | 138 | 149 | ||
| 749 | 837 | 623 | 769 | 718 | 748 | 638 | 641 | 577 | 604 | 541 | 488 | ||
| 749 | 837 | 623 | 769 | 718 | 748 | 638 | 641 | 577 | 604 | 541 | 488 | ||
| 1.5 | −4.1 | 2.6 | 0.0 | 1.5 | −4.4 | 0.0 | 0.9 | 0.4 | −3.3 | 0.6 | −0.4 | ||
| 750 | 833 | 625 | 769 | 720 | 743 | 639 | 642 | 577 | 600 | 541 | 488 | ||
| 749 | 837 | 623 | 769 | 718 | 748 | 638 | 641 | 577 | 604 | 541 | 488 | ||
Per share | |||||||||||||
| ₹17.46 | ₹19.53 | ₹14.54 | ₹17.97 | ₹33.58 | ₹34.95 | ₹29.87 | ₹30.02 | ₹26.99 | ₹28.28 | ₹25.33 | ₹22.86 | ||
| ₹17.40 | ₹19.46 | ₹14.48 | ₹17.89 | ₹33.42 | ₹34.82 | ₹29.77 | ₹29.90 | ₹26.89 | ₹28.18 | ₹25.25 | ₹22.82 | ||
Revenue detail — as filed | |||||||||||||
| 1,170 | 1,100 | 1,052 | 1,075 | 1,027 | 968 | 901 | 935 | 887 | 775 | 695 | 671 | ||
Expense detail — as filed | |||||||||||||
| 3.9 | 3.0 | 2.7 | 2.1 | 1.9 | 1.6 | 1.2 | 1.1 | 0.9 | 0.9 | 0.7 | 0.5 | ||
Other comprehensive income — detail | |||||||||||||
| 1.5 | −4.1 | 2.6 | 0.0 | 1.5 | −4.4 | 0.0 | 0.9 | 0.4 | −3.3 | 0.6 | −0.4 | ||
| 1.3 | −5.2 | 1.0 | −0.3 | 0.4 | −5.5 | −0.2 | 0.4 | 0.3 | −4.3 | 0.5 | −0.5 | ||
| 0.3 | −1.2 | 0.1 | −0.1 | 0.1 | −1.2 | −0.2 | — | — | — | — | — | ||
| — | — | — | — | — | — | — | 0.1 | 0.1 | −0.9 | 0.0 | −0.1 | ||
| 0.5 | −0.0 | 1.8 | 0.2 | 1.2 | −0.3 | 0.1 | 0.6 | 0.1 | 0.0 | 0.1 | 0.0 | ||
| 0.0 | 0.0 | 0.1 | −0.1 | 0.0 | −0.1 | 0.0 | — | — | — | — | — | ||
| 750 | 833 | 625 | 769 | 720 | 743 | — | 0.0 | 577 | 600 | 541 | 488 | ||
| — | — | 0.0 | — | — | — | 639 | 642 | 0.0 | 0.0 | 0.0 | 0.0 | ||
Per share — as-filed variants | |||||||||||||
| ₹17.46 | ₹19.53 | ₹14.54 | ₹17.97 | ₹33.58 | ₹34.95 | ₹29.87 | ₹30.02 | ₹26.99 | ₹28.28 | ₹25.33 | ₹22.86 | ||
| ₹17.40 | ₹19.46 | ₹14.48 | ₹17.89 | ₹33.42 | ₹34.82 | ₹29.77 | ₹29.90 | ₹26.89 | ₹28.18 | ₹25.25 | ₹22.82 | ||
Adjusted (ex-exceptional items) — derived | |||||||||||||
| 977 | 1,089 | 834 | 1,014 | 876 | 986 | 835 | 840 | 858 | 752 | 679 | 637 | ||
| 749 | 837 | 623 | 769 | 718 | 748 | 638 | 641 | 577 | 604 | 541 | 488 | ||
| ₹17.46 | ₹19.53 | ₹14.54 | ₹17.97 | ₹33.58 | ₹34.95 | ₹29.87 | ₹30.02 | ₹26.99 | ₹28.28 | ₹25.33 | ₹22.86 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 3 Months Ending | Q3 FY24 31/12/2023 | Q4 FY24 31/03/2024 | Q1 FY25 30/06/2024 | Q2 FY25 30/09/2024 | Q3 FY25 31/12/2024 | Q4 FY25 31/03/2025 | Q1 FY26 30/06/2025 | Q2 FY26 30/09/2025 | Q3 FY26 31/12/2025 | Q4 FY26 31/03/2026 | Q1 FY27 30/06/2026 | Q2 FY27 30/09/2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 671.3 | 695.4 | 775.2 | 887.2 | 934.6 | 901.4 | 968.2 | 1,027.4 | 1,075.1 | 1,051.5 | 1,099.7 | 1,170.2 | |
| Other Income | 142.9 | 155.8 | 173.5 | 171.0 | 93.1 | 124.1 | 233.0 | 96.2 | 159.3 | 11.6 | 262.8 | 71.3 | |
| Total Income | 814.2 | 851.3 | 948.7 | 1,058.2 | 1,027.7 | 1,025.5 | 1,201.2 | 1,123.6 | 1,234.4 | 1,063.1 | 1,362.6 | 1,241.5 | |
| Expenses | |||||||||||||
| + Employee Benefit Expense | 90.6 | 86.7 | 101.1 | 95.9 | 95.3 | 96.9 | 109.2 | 123.8 | 123.6 | 125.4 | 143.6 | 141.7 | |
| + Finance Costs | 2.2 | 2.3 | 2.3 | 2.3 | 2.2 | 2.6 | 3.1 | 3.2 | 3.4 | 3.7 | 3.7 | 3.7 | |
| + Depreciation & Amortisation | 13.1 | 13.3 | 13.3 | 13.7 | 14.9 | 16.6 | 17.3 | 17.8 | 18.4 | 19.4 | 20.5 | 20.7 | |
| + Other Expenses | 71.1 | 69.4 | 78.8 | 86.9 | 74.3 | 73.1 | 84.4 | 100.9 | 73.0 | 78.3 | 102.7 | 94.8 | |
| Total Expenses | 177.3 | 172.4 | 196.5 | 199.8 | 187.9 | 190.4 | 215.5 | 247.6 | 220.5 | 229.5 | 273.5 | 264.8 | |
| EBITDA | 509.2 | 538.7 | 594.4 | 703.4 | 763.9 | 730.2 | 773.0 | 800.8 | 876.4 | 845.2 | 850.4 | 929.9 | |
| EBIT | 496.1 | 525.3 | 581.1 | 689.7 | 749.0 | 713.6 | 755.7 | 783.0 | 858.0 | 825.7 | 829.9 | 909.1 | |
| Profit | |||||||||||||
| PBT before Exceptional Items | 636.8 | 678.8 | 752.3 | 858.4 | 839.9 | 835.1 | 985.7 | 876.0 | 1,013.9 | 833.6 | 1,089.0 | 976.7 | |
| Pretax Income | 636.8 | 678.8 | 752.3 | 858.4 | 839.9 | 835.1 | 985.7 | 876.0 | 1,013.9 | 833.6 | 1,089.0 | 976.7 | |
| + Current Tax | 137.3 | 122.7 | 164.9 | 186.9 | 184.1 | 194.4 | 221.5 | 149.0 | 223.2 | 212.6 | 245.2 | 220.8 | |
| + Deferred Tax | 11.6 | 15.3 | -16.4 | 95.0 | 14.4 | 2.2 | 16.6 | 8.5 | 21.4 | -1.7 | 6.7 | 7.1 | |
| Tax Expense | 148.9 | 138.0 | 148.5 | 281.8 | 198.5 | 196.6 | 238.1 | 157.5 | 244.5 | 210.9 | 251.9 | 227.9 | |
| Net Income | 487.9 | 540.8 | 603.8 | 576.6 | 641.4 | 638.5 | 747.6 | 718.4 | 769.4 | 622.7 | 837.1 | 748.7 | |
| + Net Income — Continuing Ops | 487.9 | 540.8 | 603.8 | 576.6 | 641.4 | 638.5 | 747.6 | 718.4 | 769.4 | 622.7 | 837.1 | 748.7 | |
| + Other Comprehensive Income | -0.4 | 0.6 | -3.3 | 0.4 | 0.9 | 0.0 | -4.4 | 1.5 | 0.0 | 2.6 | -4.1 | 1.5 | |
| Total Comprehensive Income | 487.5 | 541.4 | 600.4 | 577.0 | 642.3 | 638.5 | 743.1 | 719.9 | 769.5 | 625.3 | 833.0 | 750.2 | |
| Net Income to Common | 487.9 | 540.8 | 603.8 | 576.6 | 641.4 | 638.5 | 747.6 | 718.4 | 769.4 | 622.7 | 837.1 | 748.7 | |
| Per Share | |||||||||||||
| Basic EPS | 22.86 | 25.33 | 28.28 | 26.99 | 30.02 | 29.87 | 34.95 | 33.58 | 17.97 | 14.54 | 19.53 | 17.46 | |
| Diluted EPS | 22.82 | 25.25 | 28.18 | 26.89 | 29.90 | 29.77 | 34.82 | 33.42 | 17.89 | 14.48 | 19.46 | 17.40 | |
| Revenue Detail — as filed | |||||||||||||
| + Sale of Services | 671.3 | 695.4 | 775.2 | 887.2 | 934.6 | 901.4 | 968.2 | 1,027.4 | 1,075.1 | 1,051.5 | 1,099.7 | 1,170.2 | |
| Expense Detail — as filed | |||||||||||||
| + Fees & Commission Expense | 0.5 | 0.7 | 0.9 | 0.9 | 1.1 | 1.2 | 1.6 | 1.9 | 2.1 | 2.7 | 3.0 | 3.9 | |
| Other Comprehensive Income — detail | |||||||||||||
| + Other Comprehensive Income | -0.4 | 0.6 | -3.3 | 0.4 | 0.9 | 0.0 | -4.4 | 1.5 | 0.0 | 2.6 | -4.1 | 1.5 | |
| + Items NOT to be Reclassified to P&L | -0.5 | 0.5 | -4.3 | 0.3 | 0.4 | -0.2 | -5.5 | 0.4 | -0.3 | 1.0 | -5.2 | 1.3 | |
| + Tax on Items NOT to be Reclassified | — | — | — | — | — | -0.2 | -1.2 | 0.1 | -0.1 | 0.1 | -1.2 | 0.3 | |
| + Tax on Items NOT to be Reclassified — alt tag | -0.1 | 0.0 | -0.9 | 0.1 | 0.1 | — | — | — | — | — | — | — | |
| + Items to be Reclassified to P&L | 0.0 | 0.1 | 0.0 | 0.1 | 0.6 | 0.1 | -0.3 | 1.2 | 0.2 | 1.8 | -0.0 | 0.5 | |
| + Tax on Items to be Reclassified | — | — | — | — | — | 0.0 | -0.1 | 0.0 | -0.1 | 0.1 | 0.0 | 0.0 | |
| Comprehensive Income — Owners of Parent | 487.5 | 541.4 | 600.4 | 577.0 | 0.0 | — | 743.1 | 719.9 | 769.5 | 625.3 | 833.0 | 750.2 | |
| Comprehensive Income — Non-controlling Interests | 0.0 | 0.0 | 0.0 | 0.0 | 642.3 | 638.5 | — | — | — | 0.0 | — | — | |
| Per Share — as-filed variants | |||||||||||||
| Basic EPS — Continuing Operations | 22.86 | 25.33 | 28.28 | 26.99 | 30.02 | 29.87 | 34.95 | 33.58 | 17.97 | 14.54 | 19.53 | 17.46 | |
| Diluted EPS — Continuing Operations | 22.82 | 25.25 | 28.18 | 26.89 | 29.90 | 29.77 | 34.82 | 33.42 | 17.89 | 14.48 | 19.46 | 17.40 | |
| Adjusted (ex-Exceptional Items) — derived | |||||||||||||
| Pretax Income (Adjusted, as filed) | 636.8 | 678.8 | 752.3 | 858.4 | 839.9 | 835.1 | 985.7 | 876.0 | 1,013.9 | 833.6 | 1,089.0 | 976.7 | |
| Net Income Adj (tax-effected) | 487.9 | 540.8 | 603.8 | 576.6 | 641.4 | 638.5 | 747.6 | 718.4 | 769.4 | 622.7 | 837.1 | 748.7 | |
| EPS Adj | 22.86 | 25.33 | 28.28 | 26.99 | 30.02 | 29.87 | 34.95 | 33.58 | 17.97 | 14.54 | 19.53 | 17.46 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | |||||||||||||
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | |
| Paid Up Equity Capital | 106.7 | 106.7 | 106.8 | 106.8 | 106.9 | 106.9 | 107.0 | 107.0 | 214.2 | 214.2 | 214.3 | 214.5 | |
Filed with NSE on Thursday, 15 October 2026 at 2:40 pm IST
HDFC Asset Management (NSE: HDFCAMC) reported its Q2 FY27 results (July–September 2026) on Thursday, 15 October 2026 at 2:40 pm IST. Consolidated net profit was ₹749 crore, up 4.2% from ₹718 crore in Q2 FY26 and down 10.6% from ₹837 crore in Q1 FY27. Revenue from operations was ₹1,170 crore, up 13.9% year on year and up 6.4% from the previous quarter.
Consolidated net profit was ₹749 crore, up 4.2% from ₹718 crore in Q2 FY26 and down 10.6% from ₹837 crore in Q1 FY27.
Revenue from operations was ₹1,170 crore, up 13.9% year on year and up 6.4% from the previous quarter.
HDFC AMC's net profit margin was 64.0% in Q2 FY27 (net profit as a share of revenue from operations), against 69.9% in Q2 FY26 (down 5.9 percentage points). For FY26 as a whole it was 69.3%.
Both grew from a year earlier: net profit was up 4.2% at ₹749 crore and revenue was up 13.9% at ₹1,170 crore. The operating margin was 77.7%, up 1.5 percentage points from 76.2% a year earlier. Against Q1 FY27, net profit was down 10.6% and revenue up 6.4%.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹909 crore, a margin of 77.7%, against 75.5% in Q1 FY27 and 76.2% in Q2 FY26. EBITDA was ₹930 crore, 79.5% of revenue.
Consolidated net profit for the first half of FY27 (April–September 2026) was ₹1,586 crore, up 8.2% from ₹1,466 crore in the same months a year earlier. Revenue from operations was ₹2,270 crore, up 13.8%.
Basic earnings per share were ₹17.46.
Consolidated net profit was ₹2,858 crore in FY26 (April 2025–March 2026), up 16.2% from ₹2,460 crore in FY25. It was ₹1,943 crore in FY24 and ₹1,423 crore in FY23: up 100.8% over three years, 26.2% a year on average.
Revenue from operations was ₹4,122 crore in FY26 (April 2025–March 2026), up 17.8% from ₹3,498 crore in FY25. It was ₹2,584 crore in FY24 and ₹2,167 crore in FY23: up 90.2% over three years, 23.9% a year on average.
Net profit by quarter: ₹769 crore in Q3 FY26, ₹623 crore in Q4 FY26, ₹837 crore in Q1 FY27 and ₹749 crore in Q2 FY27. That is ₹2,978 crore over the four quarters, up 8.5% from ₹2,746 crore in the four quarters before. Revenue from operations: ₹1,075 crore, ₹1,052 crore, ₹1,100 crore and ₹1,170 crore.
On Thursday, 15 October 2026 at 2:40 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 15 October 2025.
Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.
From HDFC Asset Management's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 15 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.
Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.