360 ONE WAM's June quarter profit up by 18%
By Shishta Dutta | Published at: Jul 17, 2025 06:01 PM IST
Mumbai, 17 July 2025: 360 ONE WAM Limited (NSE: 360ONE, BSE: 542772) posted an 18% year-on-year (YoY) increase in its consolidated net profit to ₹287 crore for the quarter ended 30 June 2025 (Q1 FY26).
The company said that despite a challenging macro environment, total revenue rose 4% YoY to ₹725 crore, while revenue from operations increased 10.3% YoY to ₹662 crore. The steady rise in operational income highlights the company’s strong core momentum and adaptability across segments.
| Particulars | Q1 FY26 | Q4 FY25 | QoQ % | Q1 FY25 | YoY % |
|---|---|---|---|---|---|
| Revenue from Operations (₹ Cr) | 662 | 652 | 1.6% | 600 | 10.3% |
| Total Revenue (₹ Cr) | 725 | 658 | 10.1% | 697 | 4.0% |
| Operating Profit Before Tax (₹ Cr) | 311 | 318 | -2.2% | 335 | -7.3% |
| Profit Before Tax (₹ Cr) | 374 | 324 | 15.3% | 315 | 18.6% |
| Net Profit (incl. OCI) (₹ Cr) | 287 | 250 | 14.9% | 243 | 18.0% |
| Total Expenses (₹ Cr) | 351 | 334 | 5.2% | 265 | 32.7% |
CEO and MD Karan Bhagat noted, “This quarter marks a period of strong core momentum and strategic consolidation. Our inorganic initiatives, including the B&K acquisition and UBS collaboration, have enhanced our strength across both wealth and asset management platforms.”
ARR AUM Expansion Signals High-Value Client Confidence and Retention
As of 30 June 2025, the company reported total AUM of ₹6,63,924 crore. The ARR AUM—key to recurring income—saw a 29.8% YoY jump to ₹2,87,317 crore, driven by both the wealth and asset management arms.
- Wealth Management ARR AUM: ₹1,94,773 crore (up 38% YoY)
- Asset Management ARR AUM: ₹92,544 crore (up 16% YoY)
During the quarter, over 200 high-net-worth families (₹10+ crore AUM) were onboarded, contributing to 95% of total wealth AUM—a clear sign of trust among India’s affluent investors.
Asset Management Segment Posts Over 25% Profit Growth YoY
Segmental results indicate stable growth across verticals:
Segment-wise Performance
| Segment | Revenue (₹ Cr) | YoY % | Profit Before Tax (₹ Cr) | YoY % |
|---|---|---|---|---|
| Wealth Management | 771.22 | +0.9% | 253.36 | +1.7% |
| Asset Management | 208.20 | +21.8% | 119.82 | +25.5% |
Tangible Return on Equity stood at 19.6%, with tangible net worth at ₹5,693 crore, reinforcing the company’s financial strength and profitability.
Strategic Moves with UBS and B&K Set to Strengthen Market Reach
Significant developments during Q1 FY26 included:
- Completion of B&K Securities integration (effective this quarter)
- Regulatory approvals received for the UBS partnership involving:
- Acquisition of Credit Suisse’s broking and portfolio management businesses
- Loan portfolio transfer to 360 ONE Prime
- Warrant issuance to UBS AG: 2.05 crore warrants at ₹1,030 each, with regulatory nods completed
- Dividend disbursed: Interim dividend of ₹6/share (₹236.22 crore paid in Q1)
Standalone PAT Rises 320% YoY Backed by Strong Subsidiary Dividend Income
The company’s standalone financial performance was also strong, buoyed by dividend income of ₹150.87 crore from subsidiaries.
| Particulars | Q1 FY26 | Q1 FY25 | YoY % |
|---|---|---|---|
| Total Income (₹ Cr) | 211.09 | 183.57 | 15.0% |
| Profit After Tax (₹ Cr) | 112.05 | 26.70 | 319.6% |
| EPS – Basic (₹) | 2.82 | 0.74 | — |
New Leadership Appointments and ESOP Rollout Support Long-Term Retention
Key announcements this quarter included:
- Saahil Murarka appointed as Additional, Non-Executive, Non-Independent Director
- Pankaj Fitkariwala added to the Senior Management team
- ESOP Scheme 2025 proposed: Up to 37.33 lakh options for B&K and other eligible employees, subject to shareholder approval
Growth Outlook Remains Strong as Share Capital Stability Reaffirmed
With consolidated acquisitions and an expanding recurring revenue base, 360 ONE WAM aims to deepen client engagement and sustain its upward trajectory. The Board has also committed to avoiding any share capital reduction for the next two years, signalling long-term value creation.
About 360 ONE WAM Limited
Listed on the NSE and BSE, 360 ONE WAM is among India’s top wealth and alternate asset management firms. The company delivers a complete financial services platform, covering private wealth, asset management, broking, advisory, lending, and distribution across both domestic and international markets.
REF: https://nsearchives.nseindia.com/corporate/IIFLWAM_17072025161224_Outcomefinalsigned.pdf
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