UTI Asset Management Company (UTIAMC) Q2 25/26 earnings summary

Executive summary

• Leadership transition announced: Vetri Subramaniam to become MD & CEO from February 2026, with Imtaiyazur Rahman moving to a strategic advisor role until June 2026.

• Total group AUM reached ₹22,41,837 crore, up 11.18% YoY and 2.22% QoQ as of 30th September 2025.

• UTI MF's QAAUM was ₹3,78,413 crore, growing 10.47% YoY and 4.86% QoQ.

• Digital purchase transactions increased 17.97% YoY to 52.74 lakh in Q2 FY26.

• Results for Q2 and H1 FY26 were approved by the Board and reviewed by auditors with no material misstatements.

Financial highlights

• Consolidated core income for Q2 FY26 was ₹390 crore, up 5% YoY and 3% QoQ; H1 FY26 was ₹769 crore, up 8% YoY.

• Consolidated PAT for Q2 FY26 was ₹113 crore (down 53% YoY); normalized PAT was ₹133 crore.

• Standalone PAT for Q2 FY26 was ₹166 crore; normalized PAT was ₹186 crore.

• SIP AUM grew 5.98% YoY to ₹42,267 crore; SIP inflows for Q2: ₹2,338 crore, up 12.04% YoY.

• Standalone total income for Q2 FY26 was ₹391.12 crore, down from ₹418.18 crore in Q2 FY25.

Outlook and guidance

• Focus on expanding in B30 cities, leveraging digital channels, and financial literacy initiatives.

• SEBI incentives for first-time women investors expected to drive further participation.

• Cost structure guidance to be updated post-VRS implementation; brand investment and digital expansion planned.