Nippon Life India Asset Management consolidated net profit rises 4.85% in the March 2022 quarter

26 Apr 2022 , 05:54 PM

Net profit of Nippon Life India Asset Management rose 4.85% to Rs 174.85 crore in the quarter ended March 2022 as against Rs 166.77 crore during the previous quarter ended March 2021. Sales rose 11.95% to Rs 337.97 crore in the quarter ended March 2022 as against Rs 301.90 crore during the previous quarter ended March 2021.

For the full year,net profit rose 9.38% to Rs 744.16 crore in the year ended March 2022 as against Rs 680.33 crore during the previous year ended March 2021. Sales rose 23.02% to Rs 1306.64 crore in the year ended March 2022 as against Rs 1062.14 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	337.97	301.90	12	1306.64	1062.14	23
OPM %	61.52	54.94	–	60.52	52.49	–
PBDT	241.27	224.97	7	1015.89	910.29	12
PBT	234.38	217.87	8	988.67	877.02	13
NP	174.85	166.77	5	744.16	680.33	9

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