360 ONE WAM reported a 4.8% revenue increase to Rs 853 crore for Q2 FY27, though net profit declined 4.4% to Rs 302 crore. The company declared a second interim dividend of Rs 7.50 per share. Investors should note ongoing tax litigation involving approximately Rs 336 crore in demands.
360 ONE WAM Reports Q2 Profit of Rs 302 Crore
Revenue Hits Rs 853 Crore; Interim Dividend Declared at Rs 7.50 Per Share
Reader Takeaway: Revenue growth remains steady, but profit margins faced pressure alongside ongoing tax litigation regarding prior assessment orders.
What just happened
360 ONE WAM Limited has released its financial results for the quarter ended September 30, 2026. The company reported a total revenue of Rs 853 crore, reflecting a 4.8% growth over the same period last year. Consolidated Profit After Tax (PAT) stood at Rs 302 crore, down 4.4% from Rs 316 crore reported in Q2 FY26. Alongside the earnings, the Board of Directors declared a second interim dividend of Rs 7.50 per equity share for the current financial year. The record date for this payout is set for October 23, 2026, with distributions expected by November 13, 2026.
Why this matters
The dividend declaration signals continued cash distributions for shareholders despite a slight dip in net profitability. The company continues to show scale in its operations, with total Assets Under Management (AUM) reaching Rs 8,99,481 crore. Investors are monitoring the company's ability to maintain revenue momentum while navigating significant regulatory and tax-related headwinds.
Risks to watch
A primary concern involves tax litigation stemming from a search operation conducted by the Income Tax Department in early 2025. A subsequent order issued in the June 2026 quarter levied tax demands aggregating Rs 336.14 crore against the company and a subsidiary. 360 ONE WAM has filed an appeal and currently treats this as a contingent liability. Additionally, the company is facing block assessment proceedings under Section 158BC initiated in March 2026, the outcome of which remains uncertain.
Context metrics
- Total AUM: Rs 8,99,481 crore
- Annual Recurring Revenue (ARR) AUM: Rs 3,53,382 crore
- Revenue from Operations: Rs 896 crore (up 17.5% YoY)
What to track next
Shareholders should monitor updates on the tax appeals process and any further developments regarding the block assessment proceedings of the subsidiary, as these represent potential financial liabilities that could impact future capital allocation.