ICICI Prudential AMC profit gains 6.08% as company approves record dividend

what happened

According to CNBC TV18, ICICI Prudential Asset Management Company Ltd reported on Monday, October 12, that September-quarter profit after tax rose 6.08% year on year to ₹888.96 crore. The board also cleared the company’s biggest-ever interim dividend, set at ₹30 for each share, more than twice the ₹14.85 interim payout announced in January 2026.

Operating revenue advanced 16.31% from a year earlier to ₹1,673.79 crore, compared with ₹1,439.06 crore previously. Total costs climbed 17.86% to ₹493 crore from ₹418.31 crore, while profit before tax increased from ₹1,092.61 crore to ₹1,197.70 crore. Sequentially, PAT fell 7.84% to ₹964.63 crore from the June quarter. Revenue grew 7%, expenses rose 6.17%, and PBT declined from ₹1,280.65 crore to ₹1,197.70 crore over the same period.

The interim distribution covers the period ending September 30, 2026, and the shares have a face value of ₹1. October 21, 2026, was set as the record date. The company’s announcement describes the payout as ₹15.15 per share versus ₹14.85 in January, an increase of around 102%; it also paid a ₹12.40 final dividend in June for the financial year ended March 31, 2026. The stock ended Monday at ₹2,969.10, down 2.02%. It remains 11.59% higher year to date, but has fallen 3.73% over the past week, 1.14% over the past month, 6.65% over three months and 8.66% over six months.

why it matters

The earnings increase and record dividend highlight the company’s payout capacity, while the sequential profit decline and recent share losses point to a mixed market response to the results.

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