Mumbai, January 14, 2026: HDFC Asset Management Company Limited (HDFC AMC) delivered a strong earnings performance for the quarter ended December 31, 2025, reporting a 20.0 percent year-on-year increase in standalone profit after tax to ₹770.09 crore, supported by higher revenue from operations and a steady cost structure.
Strong Quarterly Performance in Q3 FY26
For the December quarter, HDFC AMC reported revenue from operations of ₹1,074.25 crore, marking a 15.0 percent growth compared with ₹934.36 crore in the corresponding quarter last year. Total income for the quarter stood at ₹1,233.23 crore, up from ₹1,027.10 crore a year ago, aided by a sharp rise in other income.Profit before tax for the quarter increased to ₹1,014.60 crore from ₹839.95 crore in Q3 FY25, reflecting operating leverage despite higher employee benefit expenses. Total expenses during the quarter were ₹218.63 crore, compared with ₹187.15 crore in the year-ago period.
After accounting for a total tax expense of ₹244.51 crore, net profit for Q3 FY26 stood at ₹770.09 crore, compared with ₹641.46 crore in Q3 FY25.
Q3 FY26 vs Q3 FY25 Key Financials (₹ crore)
| Particulars | Q3 FY26 | Q3 FY25 |
|---|---|---|
| Revenue from Operations | 1,074.25 | 934.36 |
| Total Income | 1,233.23 | 1,027.10 |
| Total Expenses | 218.63 | 187.15 |
| Profit Before Tax | 1,014.60 | 839.95 |
| Profit After Tax | 770.09 | 641.46 |
Nine-Month Performance Shows Sustained Momentum
For the nine months ended December 31, 2025, HDFC AMC reported total income of ₹3,555.59 crore, up from ₹3,033.26 crore in the corresponding period last year. Revenue from operations rose to ₹3,068.05 crore from ₹2,596.81 crore, reflecting consistent growth across the reporting period.Profit before tax for the nine-month period stood at ₹2,876.24 crore, compared with ₹2,451.10 crore a year ago. Profit after tax increased to ₹2,236.07 crore from ₹1,822.32 crore, indicating a year-on-year growth of 22.7 percent.
Nine Months Ended December 31 Performance (₹ crore)
| Particulars | 9M FY26 | 9M FY25 |
|---|---|---|
| Revenue from Operations | 3,068.05 | 2,596.81 |
| Total Income | 3,555.59 | 3,033.26 |
| Total Expenses | 679.35 | 582.16 |
| Profit Before Tax | 2,876.24 | 2,451.10 |
| Profit After Tax | 2,236.07 | 1,822.32 |
Expense and Tax Overview
Employee benefit expenses for the nine-month period increased to ₹355.73 crore from ₹291.42 crore last year, while other expenses rose to ₹256.55 crore from ₹239.27 crore. Depreciation and amortisation expenses stood at ₹53.37 crore, up from ₹41.81 crore in the corresponding period.Total tax expense for the nine months ended December 31, 2025, was ₹640.17 crore, compared with ₹628.78 crore in the year-ago period.
About the Company
HDFC Asset Management Company Limited is one of India’s leading asset management firms, engaged in managing mutual funds and providing investment management services across equity, debt, and hybrid asset classes. The company is listed on Indian stock exchanges and continues to benefit from long-term growth in domestic savings and mutual fund participation.Source:
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