Aditya Birla Sun Life AMC Q2 Profit Falls 28.6% From Prior Quarter
The asset manager reported net profit of ₹221 crore for the September quarter, down 28.6% from the previous quarter and in line with poll expectations. Its shares fell as much as 7% before recovering.
Shares of Aditya Birla Sun Life AMC Ltd. fell as much as 7% on Wednesday, October 21, only to stage a sharp recovery after its September quarter results.The asset manager reported a net profit of ₹221 crore, which is a drop of 28.6% from the previous quarter, and is in-line with the poll expectatio…