Nippon Life India Asset Management Limited's primary function is to serve as an investment manager. Shares of Nippon Life India Asset Management surged 10% as Q2FY25 revenue and net profit rose 45% and 48% YoY, respectively. Revenue climbed from ₹397 crore in Q2FY24 to ₹571 crore in Q2FY25, while net profit grew from ₹244 crore to ₹360 crore.