The Pant Project Launches Flagship Store in Kochi on July 19
Kochi, July 19 2025: The Pant Project, India’s rising clothing brand, is all set to launch its flagship store in Kochi on July 19, located on Mahatma Gandhi Road. This marks a major milestone in the brand’s expansion journey, bringing its signature focus on fit, comfort, and premium fabrics to Kerala.
Designed with a multi-use approach, the store highlights The Pant Project’s bestselling categories including Power Stretch, Formals, and a versatile pants universe featuring Linen, Wool, Chinos, Cargos, and Jeans. Customers can enjoy a personalized experience through in-store masters and an AI-based sizing technology currently under testing.
“We’ve had consistent demand from our Kochi customers over the years, and this store is our way of bringing them closer to a tailored pant experience,” said Dhruv Toshniwal, Founder. In line with Dhruv, Udit Toshniwal, Founder said “We’ve seen a high volume of repeat customers from Kochi via our online channels. This store is our way of giving back by offering high-quality fabric, class-leading fit, and real value.”
Further Sharath Raju, VP-Retail added “We plan to expand across key cities this year, bringing our unique fit experience closer to customers nationwide.”
With linen and PV cotton collections tailored for Kerala’s climate, and water-repellent pants ideal for monsoon wear, the store brings both relevance and innovation to local shoppers. The brand currently operates in six cities, with plans to expand to three more by year-end. As a launch offer, the Kochi store will feature a 30% discount on all products on Saturday and Sunday (19th & 20th) and it’s valid only for early visitors.
ZEE continues R.I.S.E journey with impactful second chapter in Delhi
Delhi, 19th July 2025: Zee Entertainment Enterprises Ltd. (ZEEL), one of India’s leading entertainment powerhouses, continued its multi-city marquee initiative R.I.S.E with a compelling event in Delhi. After the spectacular launch in Mumbai, the Delhi chapter brought together an eclectic mix of India’s most forward-looking marketers, growth-stage businesses, and retail visionaries.
The Delhi edition carried forward the immersive format of the inaugural event, with compelling keynote sessions, curated experiences, and insightful discussions focused on how ZEE’s full-funnel advertising ecosystem is helping brands scale across India. This includes ZEE’s portfolio of over 50 channels, ZEE5 (OTT), YouTube network, social platforms, regional IPs, and a nationwide influencer network—all seamlessly integrated to deliver ultimate business solutions at scale.
Strengthening this offering is ZEE’s tech-first approach, which focuses on combining content creation with emerging technologies to identify value-driven opportunities, enhance targeting, and deliver improved consumer experiences to enable brands to convert storytelling into measurable outcomes.
Speaking on the launch, Mr. Ashish Sehgal, Chief Growth Officer, Zee Entertainment Enterprises Ltd., said: “Delhi is a high-opportunity market, and R.I.S.E is our promise to deliver measurable brand and business growth in such dynamic environments. From building awareness to driving action, ZEE’s omnichannel ecosystem is designed for measurable outcomes. Our strength lies in uniting the power of content, data, and distribution into one integrated growth engine.”
Conceptualised as a flagship initiative, R.I.S.E stands for Results | Integration | Strategy | Engagement. Through the initiative, ZEE aims to earn trust through value-first storytelling and giving businesses tools that convert media into measurable growth. It’s designed as a powerful platform to unite India’s marketing, media, and investment communities. The platform brings together a diverse mix of visionary brand builders, senior marketers, retail clients, venture capitalists, new-age digital businesses, and small business entities who are all looking to scale, disrupt, and grow in today’s evolving market landscape.
Following the successful event in Delhi, R.I.S.E will continue its journey to Bengaluru, Chennai and Kolkata, furthering its mission to empower and support brands across key growth markets.
Whisper World Recognized as ‘Best Global Tech-Driven AdTech Company’
Mumbai, July 19: Whisper World , the global pioneer in In-Content Advertising (ICA), has been recognized as the ‘Best Global Tech-Driven AdTech Company’ at the Outlook Business Spotlight – Enterprise & Leadership Awards 2025. Ms Nidhee Kekre, CSO, Whisper World accepted the award at the event hosted in Bangalore on June 27, 2025, that was attended by industry leaders, dignitaries and change-makers. The recognition marks a milestone in Whisper World’s mission to transform brand communication through immersive, data-led innovation across global media landscapes, including India.
“The award is recognition of our belief that advertising in order to be effective, should not only get reach but also attention, in an era of attention deficit. In-Content Advertising allows us to merge brand messaging with audience attention points and our technology ensures that impact is not just creative; it’s measurable for effectiveness and scalable for reach. It’s like mass personalisation on the largest possible medium and ICA is most effective when used in conjunction with TVC. We have tested it using various methodologies and it delivers immense value for the brands. Since our India launch in 2019, have scaled rapidly through partnerships with the major broadcasters – JioStar and ZEE Network, delivering measurable impact across 18+ channels in 8 languages,” says Ms Nidhee Kekre, Chief Strategy Officer, Whisper World.
Founded in 2014 and operational in 7 countries, Whisper World is redefining how brands connect with audiences through ICA, an advertising format that embeds branded messages directly within content, creating intuitive viewer engagement. Backed by measurement partnerships with Nielsen, Kantar and BARC, Whisper World’s ICA solutions have become essential tools for brands across sectors aiming to stay relevant, particularly in India’s households that continue to consume content primarily through TV.
“Our proprietary ad-tech platform, combined with in-house production – Whisper Studios, allows us to integrate brands synergistically within the content and is a great tool when used along with TVC. With over 5,00,000 eye-tracking tests and 1,400+ brand lift studies backing our methodology, we continue to raise the bar for performance led storytelling. At Whisper World, we serve ICA through the most popular TV shows that audiences already care about. This award fuels our drive to keep pushing boundaries, blending tech and creativity to reshape the future of advertising,” concludes Ms Kekre.
Sunil Bharti Mittal Conferred Doctorate in Business Administration (Honoris Causa) by the University of Bath
India, July 18, 2025: Bharti Enterprises is pleased to announce that it’s Founder and Chairman, Mr. Sunil Bharti Mittal, has been awarded an Honorary Doctorate in Business Administration by the University of Bath, United Kingdom (UK). The honour was conferred at the University’s summer graduation ceremony held at the historic Bath Abbey, in recognition of Mr. Mittal’s contribution to global business, entrepreneurship and philanthropy.
Mr. Mittal is a pioneer of the Indian telecommunications revolution and has played a pivotal role in shaping the global communications landscape through Bharti Airtel, one of the world’s leading telecom companies. His leadership across diverse industries, from telecom and digital infrastructure to financial services and space communications, as also his enduring dedication to ensuring equity in access to education articulate purpose, innovation and global ambition.
Speaking on the occasion, Professor Phil Taylor, Vice-Chancellor and President of the University of Bath said, “We are very proud to honour Mr. Sunil Bharti Mittal’s considerable achievements in enterprise, leadership and service to society. Not only has he built a world-leading global enterprise but his humanitarian work has impacted the lives of over 3.7 million children through education and rural development. He sends our graduating students a powerful message of the importance of giving back to society, which we hope will inspire them in their future careers. We are delighted to welcome Mr. Mittal to our alumni community, joining his son and daughter who previously graduated from our School of Management and Faculty of Humanities & Social Sciences.”
The University of Bath is one of the UK’s leading academic institutions, known for high-impact research, teaching excellence, and an outstanding student experience. Ranked among the UK’s top ten universities and placed within the top 10% globally (QS 2026), the University of Bath is at the forefront of addressing pressing global challenges. Its research and education ethos is firmly rooted in real-world relevance and international collaboration.
On conferment of the Doctorate, Mr. Mittal said, “I’m honoured to receive this recognition from the University of Bath, an institution renowned for its intellectual rigour, spirit of enterprise, and engagement with the world beyond the classroom. This moment is made especially meaningful by the personal connection my family shares with the University. That education holds the power to open doors of opportunity, uplift communities, and shape nations has always been an article of faith for me. I remain deeply committed in my contributions to the rapidly advancing India–UK collaboration across both industry and academia, given the extraordinary reservoir of talents and skills that the countries have to offer.”
The honour from the University of Bath marks Mr. Mittal’s ninth honorary doctorate and his third from a UK institution. He was earlier conferred the Doctor of Laws (Honoris Causa) by the University of Leeds in 2009 and the Doctor of Civil Law (Honoris Causa) by Newcastle University in 2012.
Over the years, Mr. Mittal has actively engaged with leading academic institutions in both countries, demonstrating his belief in the role of education to shape equitable global progress.
He has previously served on the Governing Body of the London Business School and was a member of the Cambridge India Partnership Advisory Board at the University of Cambridge. Mr. Mittal continues to support academic collaboration through his role on the Vice-Chancellor’s Circle of Advisors at the University of Cambridge and as a member of the India Advisory Group at the London School of Economics and Political Science.
In India, he has served on the Boards of Governors of IIM Ahmedabad, IIM Lucknow, and IIT Bombay. He currently serves as Chair of the Chancellor’s Advisory Board at Plaksha University and as a member of the Governing Board at the Indian School of Business.
Mr. Mittal has also contributed to global academic dialogue through his previous roles on the Board of Dean’s Advisors at Harvard Business School, the Advisory Board of the Center for the Advanced Study of India (CASI) at the University of Pennsylvania, and the Global India Council at INSEAD. He is currently a member of the Global Advisory Council, Harvard University.
This recognition from the University of Bath also underscores the growing convergence between India and the UK across enterprise, innovation, and higher education. Bharti Enterprises remains committed to enabling global partnerships that are anchored in trust, talent, and transformative impact.
Celebrate World Ice Cream Day with Specials at WelcomCafe Jacaranda
At WelcomCafe Jacaranda, every day is a good day for ice cream — but World Ice Cream Day deserves something extra special. To mark the occasion, we’re turning up the indulgence with not one, but two handcrafted ice cream creations that promise to delight dessert lovers of all ages. And because one day just isn’t enough to savour the joy, our celebrations will run from July 20th to August 1st.
Our chefs have whipped up two unique offerings for the occasion:
Cassata Reimagined
A nostalgic nod to the classic, this layered treat features rich kulfi-style ice cream, delicate sponge cake, and a drizzle of berry compote — bringing together textures and flavours that are both familiar and refreshingly new.
Banoffee Ice Cream Sundae
Creamy banana ice cream swirled with house-made caramel, crunchy biscuit crumble, and a touch of whipped cream — a dessert that’s decadent, playful, and perfect for the season.
Join us at WelcomCafe Jacaranda and make every scoop a celebration. Whether you’re reliving old favourites or discovering new indulgences, this is one sweet experience you won’t want to miss.
ACE Verde fully Sold Out, strengthening investor trust in ACE Group’s Yamuna Expressway portfolio
Record-breaking response also highlights rising interest in Airport-Driven Real Estate zones.
Delhi-NCR, 18th July 2025: Reaching yet another milestone in its growth trajectory, ACE Group has announced that its luxury residential enclave, ACE Verde, has been fully sold out. The 8-acre development, under ACE’s vast 100-acre integrated township on the Yamuna Expressway, elicited unprecedented response from the homebuyers and the investors alike, testifying to the area’s increasing reputation as a high-growth investment and lifestyle hub.
ACE Verde offers a total of 540 units of 3 BHK and 3.5 BHK apartments, configured in ground plus 25 floors. These spacious, thoughtfully designed residences are part of ACE’s expansive 100-acre integrated township in Sector 22A, Yamuna Expressway. The tentative delivery of the project is scheduled for April 2029. All 540 units were sold out on the day of allotment, underscoring the market’s growing appetite for premium, well-located and future-ready homes.
ACE Verde stands out for its intelligent layout and lifestyle features, with over 80% of the enclave dedicated to lush green landscapes, tranquil water bodies, and wellness-centric open areas. Its strategic location—just a short walk from the iconic Buddh International Circuit—makes ACE Verde truly stand out. Additionally, being just minutes away from the new Noida International Airport, Film City, Olympic Park, Heritage City, Medical Device Park, Personal Rapid Transit (PRT), and key logistic hubs has exponentially increased buyers’ interest, turning ACE Verde into one of the neighbourhood’s most sought-after addresses.
Speaking on the successful sell-out of Ace Verde, Mr. Ajay Chaudhary, Founder, Chairman and Managing Director, ACE Group, remarked, “The exceptional response to ACE Verde reconfirms the market’s demand for quality-led and infrastructure-backed developments. This success is a testament to the confidence that our esteemed buyers and investors have in us, as well as to our unwavering resolve to deliver modern, future-proof communities. ACE Verde’s rapid sell-out strengthens our resolve to continue building thoughtfully designed, high-value projects in high-potential locations.”
Launched earlier this year, ACE Verde quickly gained attention for its neo-classical architectural styling, extensive premium amenities, and seamless integration within ACE’s 100-acre master-planned township. Residents at ACE Verde will also have access to twin clubhouses, Pilates studio, luxurious swimming pool, cricket pitch, multipurpose court, jogging tracks, and a grand banquet hall, in addition to educational, retail and necessary infrastructure within the township.
ACE Verde’s success is an indication of the long-term strength of Yamuna Expressway as a real estate investment belt driven by fast-paced infrastructure growth like the coming airport, high-speed rail connectivity, and robust civic development. Backed by a track record of delivering more than 16.5 million sq. ft. of residential and commercial spaces and another 30 million sq. ft. currently under construction, ACE Group has become a brand upon which buyers and investors place their trust.
With a focus on timely project completion, creative design thinking and developments that hold the promise of long-term value appreciation, Ace Group continues to be at the forefront of NCR’s ever-changing real estate landscape.
Website: https://acegroupindia.com/
Estée Lauder Launches 4th BEAUTY&YOU India to Support Emerging Indian Beauty Entrepreneurs
BEAUTY&YOU India returns with launch partner Nykaa, the Government of India’s Startup India, and a new Visionary Women’s Award to fuel beauty innovation in dynamic Indian market
Link- https://www.instagram.
https://www.instagram.com/niv_
INDIA – July 18, 2025 – The Estée Lauder Companies Inc. (NYSE: EL) (ELC) today announced the launch of the fourth edition of BEAUTY&YOU India, an initiative designed to discover and propel the next generation of India-focused beauty entrepreneurs. Created by New Incubation Ventures, the company’s early-stage investment and incubation arm, the program offers financial support and industry expertise to entrepreneurs shaping the future of skin care, makeup, hair care, and fragrance in India. Under the theme Beauty Frontiers, the program celebrates bold ideas and the emerging talent reimagining the future of beauty in India. Applications are now open through August 24, 2025, at www.beautyandyouawards.com.
Nykaa, the pioneer of India’s beauty revolution, returns this year as lead partner, reaffirming its role as the driving force behind the country’s evolving beauty narrative. Over the past decade, Nykaa has redefined how India discovers, experiences, and embraces beauty, while playing a pivotal role in spotlighting Indian beauty on the global stage. This year’s program also features Startup India following the launch of its partnership with ELC through a Memorandum of Understanding with the Government of India’s Department for Promotion of Industry and Internal Trade (DPIIT) – the first-of-its-kind between a global beauty company and Startup India. The partnership reflects a shared commitment to supporting Indian entrepreneurs and women-founded startups.
Advancing Innovation & Entrepreneurship in India
Nadine Graf, President, Europe, UK & Ireland, and Emerging Markets, The Estée Lauder Companies, said: “India continues to inspire—not only as a dynamic beauty market, but as a global force for innovation and bold entrepreneurship. Through BEAUTY&YOU India, we have seen firsthand how ideas rooted in culture and courage can shape the future of beauty. This year, I am especially proud that the program will launch a new Visionary Women’s Award—a tribute to the ambition, ingenuity, and leadership of women founders. Supporting them is more than an opportunity: it’s a responsibility we embrace with purpose.”
Shri Sanjiv Singh, Joint Secretary, DPIIT, said: “Our collaboration with The Estée Lauder Companies underscores the role of public-private partnerships in advancing innovation and strengthening India’s startup ecosystem. Building on the program’s success, we are pleased to extend Startup India’s support to BEAUTY&YOU India 2025 and help create new opportunities for emerging entrepreneurs.”
Shaping India’s Beauty Ecosystem
Falguni Nayar, Executive Chairperson, MD & CEO of Nykaa, commented: “At Nykaa, we’ve spent over a decade shaping India’s beauty ecosystem, from discovery to distribution, and from consumers to creators. As lead partner for BEAUTY&YOU India 2025, we are proud to extend that ecosystem to early-stage founders through a program designed to transform bold ideas into scalable, future-facing brands. In collaboration with The Estée Lauder Companies, this initiative offers the resources, network, and credibility needed to empower the next generation of beauty entrepreneurs.”
Rohan Vaziralli, General Manager, The Estée Lauder Companies, India, added: “BEAUTY&YOU India reflects our ambition to not just participate in, but actively shape the future of beauty in India. With the support of Startup India and DPIIT, this platform has become a national engine for beauty entrepreneurship—grounded in cultural insight, commercial potential, and inclusive innovation.”
Expanded Prize Program & New Visionary Women’s Award
Winners will receive financial support from a prize pool of up to $500,000 and earn recognition across four award categories:
· GROW: Best in-market beauty brands
· IMAGINE: Best pre-launch beauty concepts
· BREAKTHROUGH: Leading innovations in beauty, such as new product technologies and business model innovations such as ingredients, AI, and sustainability
· VISIONARY WOMEN’S AWARD: Inspired by ELC’s legacy as a beauty company founded by a trailblazing woman, this award, new in 2025 and presented with Startup India, will recognize the innovation and impact of outstanding women entrepreneurs.
Along with monetary awards, winners receive support and promotion, including:
· One-on-one mentorship from global beauty and business leaders
Brand-building and distribution support through Nykaa’s powerful ecosystem, spanning discovery, consumer insights, digital amplification, omnichannel presence, and access to its extensive network
· National visibility and strategic opportunities through Startup India, including participation in Startup Mahakumbh, the world’s largest startup event
BEAUTY&YOU India 2025 seeks applicants whose deep cultural insights and use of new technologies or formulations meet the evolving needs of Indian beauty consumers. Since its launch in 2022, the program has become a powerful platform—receiving more than 1,500 applications from 150+ cities in India and around the world, with the majority from women entrepreneurs. Finalists for this year’s program will be announced in September and invited to present their concepts to a panel of industry experts this October in Mumbai.
The Estée Lauder Companies is a leading prestige beauty company in India. Over the past 20 years, ELC has launched 14 brands locally across makeup, skin care, hair care, and fragrance. The company is committed to supporting rising brands, businesses, and talent in India through innovative programs and its strategic investment in Mountain Valley Springs India Private Limited, the parent company of Forest Essentials, India’s foremost luxury Ayurvedic skin care brand. Through BEAUTY&YOU India, ELC, and partners including Nykaa and Startup India, continues to champion innovation, elevate entrepreneurship, and shape the future of beauty.
DEVI Sansthan and University of Canterbury Study Links Literacy to Women’s Mental Health
Lucknow, 17 July 2025 — A pilot study being conducted by DEVI Sansthan in collaboration with the University of Canterbury, New Zealand, explores whether basic literacy significantly improves mental well-being, emotional resilience, and self-worth among women in low-income urban communities. DEVI Sansthan identified and enrolled women from low-income groups in several slums of central Lucknow, such as Nai Basti, Janta Nagri, Daliganj bridge and others.
The literacy intervention, which is spanning over 15-weeks, consists of 70 women aged 18–50, many of whom had never been to school. These women are now being taught reading, writing, and basic maths through DEVI’s ALfA (Accelerating Learning for All) pedagogy. Unlike traditional education models, ALfA promotes foundational literacy and numeracy (FLN) through peer learning and critical thinking. These informal classes are conducted in local courtyards and shared spaces, allowing women to fit learning into their daily routines.
The study is based in Lucknow, a city of 4.2 million people and the capital of Uttar Pradesh, focusing on women from low-income households and residing in informal urban communities in the old city. These localities are home to migrants from various North Indian states, with high representation of Scheduled Caste and Muslims, among others. A recent survey in Nai Basti, one of Lucknow’s largest slums, found that 60% of households were OBC and 87% were Muslim.
Women acquiring basic literacy skills are reporting noticeable improvements in mood, self-confidence, and their role within family decision-making, as well as reduced feelings of isolation. “This study confirms that literacy is more than an academic outcome—it is a form of healing and empowerment,” said Dr. Sunita Gandhi, Founder of DEVI Sansthan and co-investigator of the study. “Every woman who learns to read begins to stand taller, think clearer, and hope harder. She becomes a Malala in her own right—fearless and vocal.”
The study employs psychological assessment tools, including Self – reported questionnaire, Warwick Edinberg test and the Participation Scale, to track shifts in participants’ mental well-being. Many of the women describe the learning sessions as the only ‘me- time’ they have in their daily lives, creating emotional relief, friendship with co-learners, and shared strength.
Heena, a young high-schooler who leads literacy classes in her slum. “Women juggle housework, stitching, and toddlers,” she says. “We adapt class timings to their lives. Learning should liberate, not burden.”
Gulnaaz, a 22 year old learner from Nai Basti, who wrote her name for the first time, said, “Ab mai apne naam se jaani jaungi” (Now, I’ll be known by my own name). Shamima, a mother of a six-month-old, added, “I will teach my daughter Mannat to read and write. No more labels of being ‘Nirakshar’ (illiterate).”
“This research makes a powerful case for integrating literacy into public mental health strategies,” noted Dr Prajakta Shukla, research coordinator and study co-author. “In low-resource settings, even simple learning circles like these can offer protective benefits against depression, anxiety, and social exclusion.”
TVS Motor Company Unveils the Ultimate Street Weapon
Chandigarh, July 17, 2025: Backed by rich racing pedigree spanning over four decades, TVS Motor Company (TVSM) – a global leader in the two and three-wheeler segment – today launched the 2025 TVS Apache RTR 310, the ultimate street weapon. Designed with a rider-first mindset, performance focused upgrades and aggressive styling, the 2025 TVS Apache RTR 310 stays true to its street-dominating DNA while taking a bold step forward. The machine is a perfect fusion of power and precision built for those who ride with confidence, control, and character.
The OBD2B-compliant 2025 TVS Apache RTR 310 redefines smart performance – offers real-time emission monitoring, sharper responsiveness, and enhanced engine health. With the debut of a next-gen, multi-language UI/UX cluster, it delivers a more personalized, intuitive, and immersive ride, blending sustainability, innovation, and rider satisfaction like never before.
Feature Rich and Segments Firsts
Build-To-Order(BTO) Option
The 2025 TVS Apache RTR 310 continues with its industry first, factory customization option, through the TVS Built-To-Order (BTO) platform.
The Dynamic Pro Kit offers:
· Keyless Ride System
· Cornering Drag Torque Control feature in RT-DSC
· Launch Control feature in RT-DSC
Segment First Features:
· Transparent clutch cover
· Key Less ride
· Drag Torque Control
· Cornering Drag Torque Control (BTO)
New Features:
· Gen-2 Cluster with Multi-language UI
· USD 43 Dia Front Suspension (Base variant)
· Sequential Turn Signal Lamp (TSL) with Revised Styling
· Hand Guards
· Drag Torque Control (DTC)
· Launch Control (RT-DSC) – Dynamic Pro Kit
· Three New Colour Options with Graphics Refresh
Design & Dynamics of the Freestyler
Refreshed for 2025, the TVS Apache RTR 310 gets three bold new colour options with striking graphics, a transparent clutch cover, and updated sequential TSL, all amplifying its aggressive, futuristic streetfighter appeal. Now equipped with standard hand guards across all variants, it also retains the iconic Race Replica Sepang Blue on the top-end BTO variant, a tribute to TVS Racing’s global legacy.
Speaking about the launch, Vimal Sumbly, Head Business – Premium, TVS Motor Company, said, “The TVS Apache RTR 310 has been a trendsetter in the naked sports segment since its debut. With the 2025 edition, we’re building on its bold legacy by integrating future-ready tech, intuitive digital interfaces, standout styling and with unwavering commitment to rider safety. This refreshed freestyler reflects the new era of motorcycling, one that is connected, customizable, and committed to sustainability. We’re proud to bring this upgraded experience to our community of TVS Apache riders who live to push boundaries every day.”
HDFC AMC Q1 FY26 PBT (Ex-ESOP) Rises 31% to INR 9,918 Million
July 17, 2025: DFC AMC’s Profit Before Tax (excluding non-cash charge related to employee stock expenses) for the Quarter ended June 30,2025 at ₹9,918 million, an increase of 31% over Quarter ended June 30,2024.
HDFC Asset Management Company Limited (HDFC AMC) declares financial results for the period ended June 30, 2025.
• Amongst India’s largest mutual fund managers with QAAUM market share of 11.5% for the quarter ended June 30,2025.
• Amongst India’s largest Actively Managed Equity Mutual Fund managers with QAAUM market share of 12.8% for the quarter ended June 30,2025.
• One of the most preferred choices of individual investors, with a market share of 13.1% of the individual monthly average AUM for June 2025.
• Revenue from operations was ₹9,678 million and operating profit was ₹7,534 million for the Quarter ended June 30,2025, an increase of 25% and 30% respectively over the Quarter ended June 30,2024.
Mumbai, July 17, 2025: HDFC Asset Management Company Limited today reported its financial performance for the quarter ended June 30,2025.
CORPORATE HIGHLIGHTS
· QAAUM of ₹8,286 billion for the quarter ended June 30,2025 compared to ₹6,716 billion for the quarter ended June 30,2024, 11.5% market share in QAAUM of the mutual fund industry.
· QAAUM in actively managed equity-oriented funds i.e. equity oriented QAAUM excluding index funds stood at ₹4,963 billion for the quarter ended June 30,2025 with a market share of 12.8%. The AMC is amongst the largest actively managed equity-oriented mutual fund managers in the country.
· The ratio of equity and non-equity oriented QAAUM is 64:36, compared to the industry ratio of 56:44 for the quarter ended June 30,2025.
· 12.03 million Systematic transactions with a value of ₹40.1 billion processed during the month of June 2025.
· Over 99,000 empaneled distribution partners across MFDs, National Distributors and Banks, serviced through a total of 280 offices of which 196 are in B-30 locations. The contribution of B-30 locations to our total monthly average AUM for June 2025 is 19.4%.
· 70% of the company’s total monthly average AUM for June 2025 is contributed by individual investors compared to 61% for the industry.
· Market share of 13.1% of the individual monthly average AUM for June 2025, making the company one of the most preferred choices of individual investors.
· Total Live Accounts stood at 24.3 million as on June 30,2025. Unique customers as identified by PAN or PEKRN now stands at 13.7 million as on June 30,2025 compared to 55.3 million for the industry, a penetration of 25%.
FINANCIAL HIGHLIGHTS FOR THE QUARTER ENDED JUNE 30,2025
• The Operating Profit for the quarter ended June 30,2025 was ₹7,534 million as compared to ₹5,793 million for the quarter ended June 30,2024.
• Profit before tax for the quarter ended June 30,2025 was ₹9,861 million as compared to ₹7,524 million for the quarter ended June 30,2024.
• Profit after tax for the quarter ended June 30,2025 was ₹7,480 million as compared to ₹6,039 million for the quarter ended June 30,2024.