360 ONE WAM Ltd. reported results for the September quarter after market closing hours on Thursday, October 15. The company reported healthy topline and AUM growth at the end of the quarter on a year-on-year basis.
Revenue from operations at the end of the September quarter grew by 17.5% on a year-on-year basis to ₹896 crore from ₹763 crore earlier. Profitability for the quarter saw a drop of 4.4% to ₹302 crore from ₹316 crore last year, courtesy of a negative other income this time around, compared to other income of ₹51 crore during the quarter.
Assets Under Management (AUM) for the company, increased by 31% on a year-on-year basis to ₹8.99 lakh crore, led by a 34% growth in the wealth management AUM, while asset management AUM saw 14% growth from last year. Majority of 360 ONE WAM’s AUM comes from the wealth management business.
The company’s Annual Recurring Revenue or ARR increased by 27.5% on a year-on-year basis to ₹706 crore, while transactional and brokerage income declined by 9.1% from the year-ago period to ₹190 crore.
“Our core wealth and asset management business continued to deliver strong performance amidst heightened macroeconomic volatility, underscoring the depth of our client relationships. Q2 results include the impact of prevailing market conditions, which we view as transitory,” the company said in its post-earnings remarks.
360 ONE WAM also declared an interim dividend of ₹7.5 per share, which is the highest payout announced by the company since its stock split back in March 2023, when it had split one share of ₹2 into two shares of ₹1 each. Back then, the company had also announced a bonus issue in the 1:1 ratio.
Record date for the current interim dividend payout has been fixed as Friday, October 23, 2026.
Shares of 360 ONE WAM ended 0.9% higher on Thursday ahead of the results announcement at ₹1,073. The stock is still down 9% on a year-to-date basis.