Equity AUM grew 18 per cent year-on-year to ₹1.34 lakh crore
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Prudent Corporate Advisory Services, an independent retail wealth management services group and leading distributor of financial products, has reported that its net profit in the June quarter was up 44 per cent at ₹75 crore against ₹59 crore logged in the same period last year, on higher inflows.Revenue was up 18 per cent at ₹348 crore ( ₹294 crore), driven by 21 per cent increase in quarterly average AUM in the mutual fund business and 21 per cent growth in the insurance business.Equity AUM grew 18 per cent year-on-year to ₹1.34 lakh crore, supported by robust net inflows and the acquisition of Indus Capital.The monthly Systematic Investment Plan (SIP) inflows through Prudent was up 21 per cent y-o-y to Rs 1,203 crore.Strong revenue growth coupled with controlled costs drove operating profit up 32 per cent to ₹89 crore and margins expanded 270 basis points to 26 per cent in the quarter under review.The net profit growth was supported by higher other income, primarily driven by gains from the treasury portfolio, it said.Sanjay Shah, Chairman & Managing Director, Prudent Group said the company has started the fiscal on a strong note, with good growth across revenue and profit on the back of diversified distribution platform.The recent regulatory changes have further strengthened the value proposition of organised distribution platforms and it is already leading to an acceleration in distributor additions, he said.“We continue to invest in expanding our branch network, scaling Specialised Investment Fund business and evaluating value-accretive acquisition opportunities,” he added.With healthy business momentum, a strong balance sheet and multiple growth levers in place, the company remains confident of delivering sustainable long-term growth and creating lasting value for our stakeholders, said Shah.Published on July 25, 2026
