Aditya Birla Sun Life AMC Q2 Net Profit Falls 28.6% To Rs 221 Crore, Revenue Rises 4.5% Despite Higher Expenses

Mumbai - Aditya Birla Sun Life AMC Limited disclosed a 28.6 percent decline in net profit to Rs 221 crore for the September quarter, despite revenue growing 4.5 percent. Higher operating expenses and a significant drop in other income were cited as reasons for the profitability dip. The company's revenue from operations rose by 4.5 percent sequentially to Rs 483.81 crore.

However, the operating profit margin decreased slightly to 55.4 percent in Q2 FY27, down from 55.6 percent in Q1 FY27. Employee expenses increased by 8.5 percent during the quarter, while other income declined nearly 74 percent. Assets Under Management (AUM) reached Rs 4.42 lakh crore, with the company's QAAUM growing 3.3 percent sequentially.

Despite this growth, it remained below the industry's 5 percent expansion. Aditya Birla Sun Life AMC's share in the mutual fund market declined by 10 basis points to 5.7 percent. Equity AUM showed a 5.3 percent increase during the quarter, but equity market share dropped by 5 basis points to 3.9 percent. Equity investments accounted for 47.4 percent of total mutual fund assets, up 90 basis points sequentially.

New Systematic Investment Plan (SIP) registrations surged to 7.05 lakh in the September quarter from 5.47 lakh in the previous quarter, indicating strong momentum among retail investors, though SIP contributions were still below Q4 FY26 levels. Upon releasing the Q2 FY27 earnings, the stock price initially dropped by nearly 7 percent but later recovered, trading 1.6 percent lower at Rs 943.40 apiece.