India's SBI Funds Management posts profit rise in first results since IPO
03/08/2026 14:30
India's SBI Funds Management posts profit rise in first results since IPO Aug 3 (Reuters) - India's SBI Funds Management SBIA.NS reported a 3.7% rise in first-quarter profit on Monday, helped by robust domestic capital inflows in its first earnings since going public last month.
The company, a joint venture between State Bank of India SBI.NS, the country's largest lender, and Amundi AMUN.PA, Europe's biggest asset manager, posted a net profit of 8.8 billion rupees ($92.30 million) for the quarter ended June 30.
($1 = 95.3375 Indian rupees)
(Reporting by Nishit Navin; Editing by Sherry Jacob-Phillips and Janane Venkatraman)
Recent news on ICICI Prudential Asset Management
See all newsCentrum cuts PT on India's ICICI Prudential Asset Management Co
Brief: ICICI Prudential Asset Management Company Limited Says Dividend 30 Rupees Per Share
India's ICICI Prudential AMC gets RBI nod to buy up to 9.95% stakes in Kotak, three other banks
India's ICICI Prudential AMC falls on Prudential's stake sale
Brief: Prudential Disposes Interests In ICICI Prudential Asset Management Company