The Board of Nippon Life India Asset Management at its meeting held on 24 April 2024 has approved the appointment of Rajesh Jayaram as Head Product and Senior Managerial Personnel with effect from 01 May 2024.Powered by Capital Market - Live News

Nippon Life India Asset Mgt. announced that the 29th Annual General Meeting (AGM) of the company will be held on 12 July 2024.Powered by Capital Market - Live News

Nippon Life India Asset Mgt. announced that the Board of Directors of the Company at its meeting held on 24 April 2024, inter alia, have recommended the final dividend of Rs 11 per equity Share (i.e. 110%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Nippon Life India Asset Management rose 73.17% to Rs 342.92 crore in the quarter ended March 2024 as against Rs 198.02 crore during the previous quarter ended March 2023. Sales rose 34.43% to Rs 468.27 crore in the quarter ended March 2024 as against Rs 348.34 crore during the previous quarter ended March 2023.For the full year,net profit rose 53.09% to Rs 1107.32 crore in the year ended March 2024 as against Rs 723.33 crore during the previous year ended March 2023. Sales rose 21.74% to Rs 1643.22 crore in the year ended March 2024 as against Rs 1349.82 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales468.27348.34 34 1643.221349.82 22 OPM %62.0959.95 -60.4858.88 - PBDT381.45247.37 54 1381.62957.53 44 PBT374.11239.21 56 1352.48927.74 46 NP342.92198.02 73 1107.32723.33 53 Powered by Capital Market - Live News

Nippon Life India Asset Mgt. will hold a meeting of the Board of Directors of the Company on 24 April 2024.Powered by Capital Market - Live News