360 One WAM reported a 14.8% year-on-year increase in net profit to ₹330 crore for the June quarter. Revenue grew 24.2% to ₹822 crore, supported by strong growth in its wealth and asset management segments. Despite these results, the company's stock fell 1.31% on the BSE today.
360 One WAM Ltd. has announced its financial results for the quarter ending June 30, 2026, showing steady growth in its primary business lines. The company recorded a net profit of ₹330 crore, a 14.8% increase compared to ₹287 crore in the same period last year. Revenue from operations also rose significantly by 24.2% to reach ₹822 crore, up from ₹662 crore a year ago.
Asset Growth and Business Segments
The firm's total assets under management reached ₹7,76,755 crore. This total is split between ₹3,42,035 crore in annual recurring revenue assets and ₹4,34,719 crore in transactional and brokerage assets. The company currently provides services to over 8,900 families and corporate clients, indicating a broad reach in the high-net-worth market.
Within the wealth management division, assets generating recurring revenue grew by 24.2% to ₹2,41,896 crore. A notable contributor was the '360 One Plus' offering, which saw 39.4% growth compared to the previous year. Meanwhile, the asset management business reported an 8.2% increase in recurring revenue assets, reaching ₹1,00,139 crore. This segment was supported by activity in private equity, credit, and real assets.
Financial Position and Stock Movement
As of the end of the quarter, the company reported a tangible net worth of ₹6,882 crore. Its tangible return on equity stood at 19.4%, a metric that helps investors understand the company's efficiency in generating returns from its equity capital. The recurring revenue retention rate, which tracks how well the firm maintains its fee-based income, was 74 basis points for the overall business.
Following the announcement, the stock price of 360 One WAM closed at ₹1,085.00 on the BSE, marking a decline of 1.31% for the day. While the company posted growth in its core metrics, market participants often evaluate these firms based on the stability of their recurring fee income and the ability to attract new net inflows in a competitive wealth management environment.
Investors looking ahead may track how the company maintains its retention rates and manages its fee structure in the face of changing market conditions. The performance of its newer segments, such as private equity and credit, will also be important to monitor as these areas often carry different risk profiles compared to traditional wealth distribution business.