Stock Crash: Asset manager falls 10%, the most since its listing, after Q4 net loss

Stock Crash: Asset manager falls 10%, the most since its listing, after Q4 net loss


Shares of UTI Asset Management Company Ltd. declined 10% on Friday, April 24, reacting to their fourth quarter earnings. This is the biggest single-day fall that the stock has seen since its Dalal Street debut back in 2020.

For the March quarter, the company’s total revenue from operations declined by 25% from the previous quarter to ₹390 crore.

The company reported a net loss of ₹67 crore this time, compared to a net profit of ₹121 crore in the previous quarter. The loss was led by an 81% increase in the total expenses, mostly due to a net loss on fair value changes.

The company continued to lose market share with market-to-market losses dragging it to a net loss, compared to a profit in the previous quarter.
Group AUM at the end of the March quarter stood ₹23.42 lakh crore from ₹23.14 lakh crore last quarter.

The company’s board also recommended a final dividend of ₹40 per equity share for FY26, subject to approval from shareholders at the upcoming annual general meeting.

Prior to this, it had issued a final dividend of ₹26 and special dividend of ₹22 in July 2025, another final and special dividend of ₹24 and ₹23, respectively, in July 2024 and a final dividend of ₹22 in July 2023.

Shares of UTI AMC declined 9.7% to hit an intraday low of ₹935.25 apiece. The stock has declined 16.2% this year, so far.

Also Read: Union Bank of India shares extend losses after Q4 results; Check revised analyst price targets



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