Fourmonth closer closure. We begin in india which has overtaken russia as the worlds third highest number of covid19 cases. The figure standing at roughly 700,000, as the outbreak shows no sign of slowing down. There have been almost 20,000 deaths in the country s since te first case was detected back in january. New delhi. A massive spike in those figures in india. Take us through some of the numbers. That is right. Those cases rising very quickly. Now, india recorded its highest numbers of new cases on sunday with 25,000 new infections, and this is despite the steadily increasing, but Still Limited testing. Now, several Public Health experts have cautioned the actual number is much higher. Officially, as of this morning, india has 700,000 cases, and scientists are still debating about when the country is likely to hit its peak, they say likely at the end of july or early august. Much of the caseload is predictably coming f fm large, metropolitan cities like new delhi and mumbai. Both
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UTI Asset Management Company (UTI AMC) rose 2.07% to Rs 621.55 after the company reported a consolidated net profit of Rs 133.92 crore in Q4 FY21 compared with net loss of Rs 25.48 crore in Q4 FY20.
Total income during the quarter increased 100.7% to Rs 292.98 crore from Rs 145.98 crore recorded in the corresponding quarter last year.
Operating expenses declined by 12% to Rs 141 crore in Q4 FY21 over Q4 FY20. The asset manager reported a pre-tax profit of Rs 151.62 crore in Q4 March 2021 as against a pre-tax loss of Rs 14.97 crore in Q4 March 2020.
UTI MF March 2021 Quarterly Average Assets Under Management (QAAUM) stood at Rs 1,82,853 crore. For the quarter ended 31 March 2021, equity assets (active+passive) contributed 51% to UTI MF s total average AUM.
HDFC Asset Management Company (AMC) s net profit rose 4.73% to Rs 369.26 crore on 8.16% decrease in revenue from operations to Rs 481.86 crore in Q3 December 2020 over Q3 December 2019.
Other income surged 68.08% to Rs 113.05 crore in in Q3 FY21 over Q3 FY20. Profit before tax (PBT) gained 3.55% to Rs 482.62 crore in Q3 December 2020 as against Rs 466.03 crore in Q3 December 2019. Total tax expense for the quarter declined 0.10% to Rs 113.36 crore as against Rs 113.48 crore in Q3 December 2019. The Q3 result was declared after market hours today, 20 January 2021.
Total expense during the quarter declined 11% year-on-year (Y-o-Y) to Rs 112.20 crore. The operating profit of the company for the quarter ended 31 December 2020 was Rs 369.70 crore. While this is 7% lower than the operating profit of Rs 398.70 crore for the quarter ended 31 December 2019, it is 6% higher than the operating profit of Rs 349.10 crore for the quarter ended 30 September 2020.