ICICI Prudential AMC’s September-quarter profit rises 6% to ₹889 crore as revenue from operations grows 16%

ICICI Prudential Asset Management Company Limited has told the exchanges that its board, at a meeting on 12 Oct 2026 that ran from 3:00 PM to 5:05 PM, approved the unaudited results for the quarter and half year ended 30 Sep 2026, which were subject to a limited review by Walker Chandiok & Co LLP. Profit for the September quarter was ₹8,889.6 million (₹888.96 crore), up 6% from ₹8,379.9 million a year earlier, and revenue from operations rose 16% to ₹16,737.9 million (₹1,673.79 crore) from ₹14,390.6 million.

Revenue was 7% above the ₹15,642.2 million of the June 2026 quarter, while profit was 8% below the ₹9,646.3 million of that quarter. Other income was ₹169.1 million, against ₹718.6 million a year earlier and ₹1,808.0 million in June, so total income was ₹16,907.0 million, against ₹15,109.2 million. Profit before tax was ₹11,977.0 million, against ₹10,926.1 million.

Fees and commission expense rose 30% to ₹1,328.5 million from ₹1,019.4 million, and employee benefits expense was ₹2,127.7 million, against ₹1,861.4 million. Basic earnings per share were ₹17.99, against ₹16.95. For the half year, revenue from operations was ₹32,380.1 million against ₹27,697.3 million, and profit was ₹18,535.9 million against ₹16,216.1 million. The board also declared an interim dividend of ₹30 per share, covered in a separate article.

Inference

Profit before tax grew by about 10%, less than the 16% growth in revenue from operations. The filing shows fees and commission expense growing by about 30%, which is faster than revenue and takes a larger share of it than a year earlier.

The company’s paid-up equity capital is ₹494.3 million, against ₹176.5 million a year earlier, which affects how per-share figures compare. The filing refers to notes on this, and the statement is where those notes can be read.