360 ONE WAM reports strong Q2 FY26 earnings, robust AUM growth

360 ONE WAM's total ARR AUM increased 22% year-on-year to INR 2,95,000 crores, with wealth ARR AUM exceeding INR 2 lakh crores. This growth was bolstered by strong net flows of INR 32,132 crores in H1 FY26 and INR 8,734 crores in Q2 from core wealth and asset businesses (excluding UBS). The company recorded its highest-ever quarterly PAT of INR 316 crores, a 28% year-on-year increase, with tangible ROE at 20.6% in Q2. The board approved a second interim dividend of INR 6 per share.

The company's ARR revenue grew 39.4% year-on-year to INR 554 crores, representing 73% of total revenue from operations, with overall revenue reaching INR 813 crores, up 32%. Total costs increased 13.9% to INR 400 crores, including expenses for B&K Securities and technology investments in new businesses. The cost-to-income ratio stood at 49.2%, with core businesses (UHNI wealth and AMC) improving to 44%.

Strategic initiatives include the transfer of UBS India business, bringing over INR 5,200 crores of relevant AUM from UHNI families. The HNI business is ramping up with over 50 relationship managers and 380+ clients across 10 locations. The B&K acquisition is performing well, integrating institutional equity broking and contributing to sustainable revenues.