360 One Wam Q4 profit rises 3.6% to ₹250 crore; Declares 1st interim dividend of ₹6 for FY26

India’s leading wealth and alternative asset manager 360 ONE WAM Ltd on Wednesday reported a 3.6% year-on-year rise in net profit for the fourth quarter of FY25, with profit after tax at ₹250 crore, supported by steady growth in recurring revenue assets and a robust client base.

Total revenue for the quarter ended March 2025 rose 5.7% YoY to ₹658 crore, reflecting continued momentum across wealth and asset management businesses. The company also declared its first interim dividend of ₹6 per share for FY26.

As of March-end, total assets under management (AUM) stood at ₹5.81 lakh crore, while Annual Recurring Revenue (ARR) AUM rose 23.2% year-on-year to ₹2.47 lakh crore, underscoring the company’s focus on predictable and long-term income streams.

The quarter also saw a significant strategic development with 360 ONE WAM entering into an exclusive collaboration with global financial services firm UBS AG to enhance wealth management offerings for high-net-worth individuals in India and across international markets. As part of the agreement, 360 ONE WAM will acquire UBS’s India onshore wealth management business, while UBS will take a 4.95% equity stake in the company via convertible warrants.

The partnership is expected to expand 360 ONE WAM’s global reach and capabilities, positioning it more strongly in the ultra and high-net-worth client segment amid growing investor interest in India.

Full-year profit for FY25 stood at ₹1,015 crore, up 26.6% YoY, with total revenue rising 35% to ₹2,652 crore, the company said in a statement.

360 ONE WAM has been on an expansion path, integrating ET Money during the quarter and progressing toward completing its acquisition of B&K Securities, pending regulatory approvals.

Shares of the company ended 4.3% higher at a price of ₹1,057 on Wednesday.