Nippon Life India Asset Management Q4 profit rises 29 per cent

Nippon Life India Asset Management reported a 29 per cent rise in Q4 profit to Rs 384.48 crore, driven by higher income and market share gains. The company also announced a final dividend, taking total FY26 payout to Rs 21.50 per share

New Delhi: Nippon Life India Asset Management on Monday reported a 29 per cent year-on-year jump in its consolidated profit after tax (PAT) to Rs 384.48 crore for the three months ended March 2026.

The company had posted a PAT of Rs 298.32 crore in the corresponding quarter of the previous fiscal.

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Total income during the quarter rose to Rs 705.20 crore compared with Rs 589.58 crore in the year-ago period, the company said in a regulatory filing.

“Driven by our focus on execution, we continued to improve our market share with the highest increase in the industry in FY26, and this has also led to another year of record profit. Net sales and SIP market share both remain well above equity assets under management (AUM) market share and we remain humbled to have the trust of over 1 in every 3 mutual fund investors,” said Sundeep Sikka, MD & CEO, NAM India.

The company’s board has recommended a final dividend of Rs 12.50 per equity share of Rs 10 each for the financial year ended March 31, 2026. This is subject to shareholder approval at the company’s upcoming Annual General Meeting on July 8.

With this, the total dividend for the financial year 2025-26 would be Rs 21.50 per equity share, including the interim dividend of Rs 9 per equity share distributed in November 2025.

For the full financial year ended March 2026, the asset management firm’s PAT grew to Rs 1,529.38 crore from Rs 1,286.39 crore in FY25. Total income for FY26 rose to Rs 2,933 crore compared with Rs 2,521 crore in the previous fiscal.

Shares of Nippon Life India Asset Management settled 1.63 per cent higher at Rs 995.40 on the BSE.