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Nippon Life India Asset Management Q4 Results: Profit Down 13%
Nippon Life India Asset Management on Monday saw a 13% decrease in consolidated profit after tax to Rs 298.6 crore in the fourth quarter of fiscal 2025. The firm posted a profit after tax of Rs 343 crore in the corresponding period of the previous year. Their operational revenue climbed by 21% to Rs 566.5 crore during the quarter under consideration, compared to Rs 468.3 crore in the January-March timeframe of the financial year 2023-24.