360 ONE WAM Limited disclosed an 11.8% decrease in its consolidated net profit for the fourth quarter of FY26. The company’s net profit stood at Rs 289 crore for the quarter, down from Rs 327 crore in the previous quarter. Revenue also saw a decline of 5.6% quarter-on-quarter to Rs 1,115 crore from Rs 1,181 crore, while EBITDA dropped 8.6% to Rs 663 crore from Rs 725 crore.
The company’s EBITDA margin was reported at 59.5%, slightly lower than the 61.4% in the previous quarter. Despite the quarterly performance, 360 ONE WAM Limited declared an interim dividend of Rs 6 per share. The record date for shareholder eligibility is set for April 27, with the payout expected on or before May 20.
In a separate development, the company and its subsidiary, 360 ONE Prime Limited, received assessment orders from the Income Tax Authority, demanding a total of Rs 336.14 crore. This demand is related to the block period from April 1, 2018, to March 27, 2025. The orders, issued by the Joint Commissioner of Income Tax (OSD), Central Circle–4(4), Mumbai, include a demand of Rs 192.42 crore on 360 ONE WAM and Rs 143.72 crore on 360 ONE Prime, inclusive of surcharge and cess under the Income Tax Act, 1961.
360 ONE WAM Limited stated that it has fulfilled all applicable tax obligations and intends to challenge the orders based on strong factual and legal grounds. The company anticipates no significant impact on its financial standing or operations and plans to seek legal remedies through the appellate process. The shares of 360 ONE WAM closed at Rs 1,109.85 on the BSE, showing a slight increase of Rs 2.40 or 0.22%.
