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UTI Asset Management Company Limited Q4FY21 consolidated net profit at Rs. 133.92 crore



Posted On : 2021-04-29 09:31:21( TIMEZONE : IST )

UTI Asset Management Company Limited Q4FY21 consolidated net profit at Rs. 133.92 crore

UTI Asset Management Company Limited has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.292.98 crores during the period ended March 31, 2021 as compared to Rs.348.26 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.133.92 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.140.24 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.10.56 for the period ended March 31, 2021 as compared to Rs.11.06 for the period ended December 31, 2020.

FinancialsQ4 FY20-21Q3 FY20-21% Change
Total Income₹ 292.98 crs₹ 348.26 crsDown Tick -15.87%
Net Profit₹ 133.92 crs₹ 140.24 crsDown Tick -4.51%
EPS₹ 10.56₹ 11.06Down Tick -4.52%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.292.98 crores during the period ended March 31, 2021 as compared to Rs.145.98 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.133.92 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.(25.48) crores for the period ended March 31, 2020.

The company has reported EPS of Rs.10.56 for the period ended March 31, 2021 as compared to Rs.(2.01) for the period ended March 31, 2020.

FinancialsQ4 FY20-21Q4 FY19-20% Change
Total Income₹ 292.98 crs₹ 145.98 crsUp Tick 100.7%
Net Profit₹ 133.92 crs₹ (25.48) crsUp Tick 625.59%
EPS₹ 10.56₹ (2.01)Up Tick 625.37%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.1198.63 crores during the 12 months period ended March 31, 2021 as compared to Rs.889.96 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.494.14 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.271.46 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.38.97 for the 12 months period ended March 31, 2021 as compared to Rs.21.41 for the 12 months period ended March 31, 2020.

FinancialsYear Ended FY20-21Year Ended FY19-20% Change
Total Income₹ 1198.63 crs₹ 889.96 crsUp Tick 34.68%
Net Profit₹ 494.14 crs₹ 271.46 crsUp Tick 82.03%
EPS₹ 38.97₹21.41Up Tick 82.02%

Commenting on the performance Mr. Imtaiyazur Rahman, Chief Executive Officer, UTI AMC said, "The mutual fund industry continues to attract investors amidst an unprecedented and challenging business environment in the last one year. The industry is looking to combat volatility and provide investment opportunities to investors for their long term financial goals. UTI AMC has registered an increase in its Assets under Management in this challenging environment and will continue to strive for growing its business in future. The mega vaccination drive across the country is a positive development which can help in the economic recovery".

Source : Equity Bulls

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