Nippon Life India Asset Management Ltd.NSE: NAM_INDIA

NAM_INDIA: Net profit up 19% YoY to ₹1,529 Cr; AUM at ₹7.73 Lakh Cr; 91.5% dividend payout

· Issued by Nippon Life India Asset Management Ltd.

Consolidated net profit rose 19% YoY to ₹1,529 Cr on revenue of ₹2,709 Cr, with AUM reaching ₹7.73 Lakh Cr and mutual fund QAAUM up 30% YoY. Dividend payout ratio was 91.5%, and digital transactions accounted for 77% of total activity.

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