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ICICI Prudential AMC reported a 6.1% year-on-year rise in Q2 FY27 net profit to Rs 889 crore, driven by 16.3% revenue growth and a Rs 30/share interim dividend, signaling strong performance in India's mutual fund sector.
ICICI Prudential AMC's Q2 FY27 results show net profit surged 6.1% YoY to Rs 889 crore, up from Rs 838 crore in Q2 FY26, with revenue from operations growing 16.3% to Rs 1,674 crore. The company declared an interim dividend of Rs 30 per share, with October 21, 2026, as the record date. Quarterly average AUM (QAAUM) expanded 14.4% to Rs 11.61 lakh crore, reflecting robust fund management. Assets in equity and equity-oriented schemes grew 16.3% YoY to Rs 6.59 lakh crore, while equity-oriented hybrid schemes’ QAAUM rose 19.7% to Rs 2.29 lakh crore. The firm’s unique customer base hit 17.8 million as of September 30, 2026, up from 15.5 million in Q2 FY26.
The 14.4% YoY AUM growth underscores ICICI Prudential AMC’s 13.3% market share in India’s mutual fund sector, with active funds contributing 11.1% YoY growth to Rs 9.59 lakh crore. The dividend declaration reinforces investor confidence, while the 19.7% equity-oriented hybrid schemes growth highlights its strength in high-growth segments. Monthly systematic transactions reached Rs 4,672 crore in September 2026, reflecting sustained retail participation.
Shareholders directly benefit from the Rs 30/share dividend, while investors and market participants gain from the 14.4% AUM expansion and expanded distribution network. The company’s market cap stood at Rs 1,46,666.27 crore, with shares closing at Rs 2,967.40 on October 12, 2026, down 2.02% from the prior day.
The record date for the dividend is set for October 21, 2026, with the stock’s 2.02% decline raising questions about market sentiment toward its future performance.
The record date for the dividend is set for October 21, 2026. The company’s stock closed at Rs 2,967.40 on October 12, 2026, down 2.02% from the previous close.
ICICI Prudential AMC’s Q2 FY27 results highlight strong profit growth and AUM expansion, but the stock’s 2.02% decline signals mixed market sentiment about its future performance.
Topics: Mutual Funds, Financial Results, Dividend, AUM Growth, Equity Schemes, Customer Base, Systematic Transactions, Market Share
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Source: ET Markets
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