News

Stock Crash: Asset manager falls 10%, the most since its listing, after Q4 net lossUTI Asset Management Company reported a net loss for the quarter and that the fall seen by the stock today is the most it has seen since its listing back in 2020.By Shloka Badkar   April 24, 2026, 12:50:15 PM IST (Published)2 Min ReadShares of UTI Asset Management Company Ltd. declined 10% on Friday, April 24, reacting to their fourth quarter earnings. This is the biggest single-day fall that the stock has seen since its Dalal Street debut back in 2020.

For the March quarter, the company's total revenue from operations declined by 25% from the previous quarter to ₹390 crore.

The company reported a net loss of ₹67 crore this time, compared to a net profit of ₹121 crore in the previous quarter. The loss was led by an 81% increase in the total expenses, mostly due to a net loss on fair value changes.

The company continued to lose market share with market-to-market losses dragging it to a net loss, compared to a profit in the previous quarter.

Group AUM at the end of the March quarter stood ₹23.42 lakh crore from ₹23.14 lakh crore last quarter.

The company's board also recommended a final dividend of ₹40 per equity share for FY26, subject to approval from shareholders at the upcoming annual general meeting.

Prior to this, it had issued a final dividend of ₹26 and special dividend of ₹22 in July 2025, another final and special dividend of ₹24 and ₹23, respectively, in July 2024 and a final dividend of ₹22 in July 2023.

Shares of UTI AMC declined 9.7% to hit an intraday low of ₹935.25 apiece. The stock has declined 16.2% this year, so far.

Also Read: Union Bank of India shares extend losses after Q4 results; Check revised analyst price targetsContinue ReadingTagsshare market todayUTI AMCUTI Asset Management Company