Nippon Life Q2 Results: Profit Slips 13%; Dividend Of Rs 9 Apiece Declared
Nippon Life India Asset Management Ltd. declared an interim dividend of Rs 9 per equity share with a face value of Rs 10, along with its Q2 results on Thursday. The company’s net profit for the second quarter of FY26 went down 13% sequentially after it reported a consolidated bottom line of Rs 345 crore compared to Rs 396 crore in the last quarter.
Dividend Declaration
The company has declared an interim dividend of Rs 9 per equity share, and the record date for the purpose of ascertaining the entitlement of the shareholders to the interim dividend has been fixed as November 6, 2025. The payment date for the said dividend will be on and from Nov 14, 2025, according to the regulatory filing.
For more information on dividend declaration and its impact on the stock market, please visit our website.
Q2 Results
The company’s revenue went down 7.7% to Rs 694.71 crore from Rs 752.61 crore in the previous quarter. The decline in revenue was primarily due to a decrease in the company’s operating income.
To know more about the impact of Q2 results on the Indian stock market, please read our analysis.
Appointment of New Managing Director
Nippon life also informed that it has appointed Sundeep Sikka as the new managing director of the company and reappointed him as the chief executive officer for a term of five years with effect from April 22, 2026, to April 21, 2031.
For more information on CEO appointment and its impact on the company’s future prospects, please visit our website.
Stock Performance
The stock settled 1.62% higher at Rs 871.80 apiece on the NSE, compared to a 0.68% decline in the benchmark Nifty 50. Nippon shares have risen 26.96% in the last 12 months and 19.92% year-to-date.
To know more about the stock market trends and how to make informed investment decisions, please read our analysis.
Key Highlights
- Revenue down 7.7% to Rs 694.71 crore versus Rs 752.61 crore
- Net Profit down 13% to Rs 344.64 crore versus Rs 396.12 crore
- Dividend of Rs 9 per share declared
For more information on Indian stock market news and updates, please visit our website.