Financial services firm ICICI Prudential Asset Management Company Ltd on Monday (October 12) reported a 6.08% year-on-year rise in profit after tax (PAT) to ₹888.96 crore for the September quarter. The company also approved its highest-ever interim dividend of ₹30 per equity share, more than double the ₹14.85 interim dividend announced in January 2026.
Revenue from operations increased 16.31% year on year to ₹1,673.79 crore in the September quarter, compared with ₹1,439.06 crore a year earlier. Total expenses rose 17.86% to ₹493 crore from ₹418.31 crore, while profit before tax (PBT) increased to ₹1,197.70 crore from ₹1,092.61 crore.
Compared with the June quarter, PAT declined 7.84% to ₹964.63 crore. Revenue from operations grew 7% sequentially, while total expenses increased 6.17% to ₹493 crore. PBT fell from ₹1,280.65 crore to ₹1,197.70 crore over the same period.
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Interim dividend more than doubles from January payout
The board approved an interim dividend of ₹30 per equity share, with a face value of ₹1 each, for the period ended September 30, 2026. The payout is ₹15.15 per share, higher than the ₹14.85 interim dividend announced in January, representing an increase of around 102%.
The company had also paid a final dividend of ₹12.40 per equity share in June for the financial year ended March 31, 2026.
October 21, 2026, has been fixed as the record date for the latest dividend. Shareholders whose names appear in the company’s register of members or in depository records as beneficial owners on that date will be eligible for the payout.
Shares of ICICI Prudential Asset Management Company closed at ₹2,969.10 on Monday, down 2.02%. Despite the day’s decline, the stock is up 11.59% year to date. However, it has lost 3.73% over the past week and 1.14% over the past month. The stock is down 6.65% over the past three months and 8.66% over the past six months.