Operating profit also recorded strong growth. The company reported operating profit of Rs 1,128 crore in Q4, up 30% YoY from Rs 866 crore in Q4 FY25, reflecting improved cost control and operating leverage
Revenue performance remained robust during the quarter. Revenue from operations stood at Rs 1,517 crore, registering a 19% increase from Rs 1,269 crore in the same period last year. Total expenses declined slightly to Rs 389 crore, compared with Rs 403 crore a year ago, supporting margin expansion.
On a sequential basis, however, profitability moderated. Net profit declined 17% quarter-on-quarter from Rs 917 crore in Q3 FY26, mainly due to lower total income during the period, even as operating expenses remained contained.
For the full financial year, the company delivered strong earnings growth. FY26 profit after tax rose to Rs 3,298 crore, up 24.4% from Rs 2,651 crore in FY25. Profit before tax for the year increased 24.7% to Rs 4,407 crore, while operating profit climbed 28.9% to Rs 4,171 crore.
Business growth metrics also remained healthy. The company’s mutual fund quarterly average assets under management (QAAUM) stood at Rs 11,04,787 crore at the end of March 2026, compared with Rs 8,79,412 crore a year earlier, indicating continued expansion in its core asset management franchise.
The company reported a customer base of 17 million investors and maintained a wide distribution network of over 1.14 lakh partners across 281 offices, highlighting its strong retail reach and scale in the domestic mutual fund industry.