Revenue for the quarter declined by 11% on a sequential basis to ₹107.7 crore, while its Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) fell by 17% from June to ₹17%.
EBITDA margin for the quarter declined by 440 basis points to 63% from 68% in June. Net profit for the period declined by 20% sequentially due to higher expenses.
The company announced plans to launch two new schemes — Canara Robeco Innovation Fund and Canara Robeco Banking and Financial Services Fund — subject to approval from the Securities and Exchange Board of India (SEBI) or any other regulator, if required, and depending on favourable market conditions.
Incorporated in 1993, Canara Robeco AMC evolved from Canbank Mutual Fund, which was founded in 1987. The company is a joint venture between Canara Bank and Orix Corporation Europe N.V. The partnership between the two entities was formed in 2007.
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At the end of the June quarter, the company’s total Assets Under Management (AUM) stood at ₹1.17 lakh crore, while revenue at the end of the quarter stood at ₹121.3 crore, with a net profit of ₹61 crore.
Shares of Canara Robeco AMC are trading 10.5% lower in early trading on Tuesday at ₹313.95.
Also Read: Canara Robeco AMC confident of sustaining 30% growth momentum post-listing
First Published: Oct 27, 2025 5:38 PM IST
