UTI Asset Management Company Ltd - 543238 - Audio Recording Of Earning Conference Call Held On 27Th April, 2023
The audio recording of earning conference call on financial performance of the Company for the quarter and financial year ended 31st March, 2023 held on Thursday, the 27th April, 2023 is available on the website of the Company at https://www.utimf.com/uti-amcshareholders/ financials-filings/investors-updates-presentations-conference-calls/ UTI Asset Management Company Ltd - 543238 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper advertisements - extract of audited financial results for the quarter and financial year ended 31st March, 2023
UTI Asset Management Company Results Earnings Call for Q4FY23
Conference Call with UTI Asset Management Company Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript. Q4FY23 Quarterly & FY23 Annual Result Announced for UTI Asset Management Company Ltd.
UTI Asset Management Company announced Q4FY23 & FY23 results: Q4FY23: Q4FY23 profit after tax stood at Rs 86 crore, up by 59% from Q4FY22. The core profit after tax for Q4FY23 (excluding M2M gains, income from the sale of investments, and other non-operating income) was Rs 57 crore. Revenue from operations for Q4FY23 stood at Rs 301 crore, down by 0.1% from Q4FY22. The core revenue from operations for Q4FY23 consisting entirely of Sales of Services amounted to Rs 270 crore, down by 8% as against Q4FY22. Profit before tax for Q4FY23 was at Rs 117 crore, up by 21%, as against Q4FY22. The core profit before tax for the period (excluding M2M gains, income from the sale of investments, and other non-operating income) was Rs 78 crore, down by 24% when compared to Q4FY22. UTI MF March 2023 quarterly average assets under management stood at Rs 2,38,791 crore FY23: Revenue from operations for FY23 stood at Rs 1,267 crore, down by 3.9% from FY22. The core revenue from operations for FY23, consisting of Sales of Services, amounted to Rs 1,131 crore, up by 1.1% as against FY22. Profit before tax for FY23 was at Rs 586 crore, down by 11% as against FY22. The core profit before tax for FY23 (excluding M2M gains, income from sale of investments, and other non-operating income) was Rs 427 crore, down by 6% when compared to FY22 FY23 profit after tax stood at Rs 437 crore, down by 18% from FY22. The core profit after tax for FY23 (excluding M2M gains, income from the sale of investments, and other non-operating income) was Rs 321 crore down by 12% as compared to FY22. The board recommended a final dividend of Rs 22 per share for FY23, as against Rs 21 per share for FY22. The final dividend for FY23 is subject to the approval of shareholders at the ensuing annual general meeting. Total assets under management for UTI AMC at Rs 15,55,995 crore Commenting on the performance Imtaiyazur Rahman, Managing Director & Chief Executive Officer, UTI AMC said, “As the brand UTI is completing six decades of being a front runner in promoting the development of the financial sector, we remain steadfast on our commitment towards our stakeholders. Our focus on offering innovative and customized solutions that cater to the diverse needs of our investors has been instrumental in our success over the years. As we continue to expand our product offerings and digital capabilities, we remain confident in our ability to create long-term value for all our stakeholders.” Result PDF
UTI AMC's profit after tax soars 59% to Rs 86 cr in March quarter
UTI Asset Management Company (AMC) on Wednesday reported 59 per cent jump in profit after tax (PAT) at Rs 86 crore for the three months ended March 2023. In comparison, the company posted a PAT of Rs 54 crore for the same quarter a year ago, UTI AMC said in a regulatory filing. Total income grew marginally to Rs 309 crore in the quarter under review from Rs 305 crore in January-March 2021-22. The company's board recommended a final dividend of Rs 22 per share for FY23 as against Rs 21 per share for FY22. The final dividend for FY23 is subject to approval of shareholders. As of March 2023, UTI AMC's assets under management stood at Rs 15.56 lakh crore. "As the brand UTI is completing six decades of being a front runner in promoting the development of the financial sector, we remain steadfast in our commitment towards our stakeholders. Our focus on offering innovative and customized solutions that cater to the diverse needs of our investors has been instrumental in our success over UTI Asset Management Company Ltd - 543238 - Disclosure Of Related Party Transactions For The Half Year Ended 31St March, 2023
Pursuant to Regulation 23 (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular dated 22nd November, 2021, we are forwarding herewith the disclosure of Related Party Transactions for the half year ended 31st March, 2023. UTI Asset Management Company Ltd - 543238 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor presentation and press release on financial results of the Company for the quarter and financial year ended 31st March, 2023 UTI Asset Management Company Ltd - 543238 - Corporate Action-Board approves Dividend
We wish to inform you that the Board of Directors has, in its meeting held today i.e. 26th April, 2023, inter-alia, recommended a final dividend of Rs. 22 per equity share of face value of Rs. 10 each for the financial year ended 31st March, 2023, subject to the approval of the shareholders at the 20th Annual General Meeting of the Company. UTI Asset Management Company Ltd - 543238 - Board Meeting Outcome for Outcome Of Board Meeting Of UTI Asset Management Company Limited Held On 26Th April, 2023
Outcome of Board meeting of UTI Asset Management Company Limited held on 26th April, 2023