Nippon Life India Asset Management Limited (NAM-INDIA)
Please find enclosed the statement of Deviation & Variation for the quarter ended June 30, 2026
Statement of Deviation & Variation for Q1 FY27 shows no deviation in fund utilization from IPO proceeds. Total net proceeds were Rs. 588.85 Cr. All allocated funds for branches, IT, marketing, lending, investments, growth, and corporate purposes were utilized as planned. Audit committee and auditors have no comments.
Source: Original filing PDF
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🚨 NAM-INDIA — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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