Home / Business and Economy / 360 ONE WAM Sees Assets Soar 31% to ₹8.99 Lakh Crore
360 ONE WAM Sees Assets Soar 31% to ₹8.99 Lakh Crore
15 Oct
Summary
- Assets Under Management grew 31% year-on-year to ₹8.99 lakh crore.
- Revenue increased 17.5% to ₹896 crore, but profit dropped 4.4%.
- An interim dividend of ₹7.5 per share was declared by the company.
In the September quarter, 360 ONE WAM announced a substantial 31% year-on-year increase in Assets Under Management (AUM), reaching ₹8.99 lakh crore. This growth was primarily driven by a 34% rise in wealth management AUM, complemented by a 14% increase in asset management AUM.
The company's revenue from operations climbed by 17.5% compared to the previous year, totaling ₹896 crore. However, profitability experienced a slight decline of 4.4%, with profits settling at ₹302 crore. This decrease was attributed to a negative other income during the period.
Demonstrating commitment to its shareholders, 360 ONE WAM declared an interim dividend of ₹7.5 per share. This payout is the highest since the company's stock split in March 2023. The record date for this dividend has been set as Friday, October 23, 2026.
