Archive · 28 Oct 2025
Canara Robeco Q2 Net Profit Declines Slightly, Revenue Climbs
Canara Robeco, a company that manages investments, had a mixed quarter.
While their profits went down a little, they still made more money overall compared to last year.
They plan to start two new investment funds, which is like offering new choices for people to invest their money.
The company's value also increased, showing investors' confidence.
Canara Robeco was created in a partnership between a bank and another company.
Canara Robeco's net profit decreased by 2.66% year-on-year in Q2.
Revenue for Q2 increased by 3% year-on-year.
The company plans to launch two new schemes: Canara Robeco Innovation Fund and Banking and Financial Services Fund.
Total Assets Under Management (AUM) at the end of the June quarter were ₹1.17 lakh crore.
Shares of Canara Robeco Asset Management Company Limited increased by 4.07% on the BSE.
- Who
- Canara Robeco Asset Management Company Ltd.
- What
- Reported a slight decline in net profit for Q2, but revenue increased and announced plans for two new fund launches.
- When
- The report covers the second quarter, ending at an unspecified time.
- Where
- No specific location is mentioned in the article.
- Why
- The report details the financial performance and future plans of Canara Robeco.
- Net Profit (Q2)
- ₹48.71 crore
- Revenue (Q2)
- ₹107.7 crore
- AUM (June Quarter End)
- ₹1.17 lakh crore
- Stock Price Increase (End of Day)
- ₹13.70 (4.07%)
- Joint Venture Partners
- Canara Bank, Orix Corporation Europe N.V.