India, Feb. 10 -- Macquarie Group (MQBKY,MQG.AX) reported that its net profit after tax for the nine months ended 31 December 2024 broadly in line with the nine months to 31 December 2023.
The company noted that its markets-facing businesses' (Commodities and Global Markets (CGM) and Macquarie Capital) combined third quarter of 2025 net profit contribution was substantially down on the prior corresponding period, mainly due to subdued conditions in certain commodity markets and the unfavorable impact of timing of income recognition primarily on North American Gas and Power contracts in CGM, partially offset by higher fee and commission income in Macquarie Capital.
Macquarie Asset Management had assets under management of A$942.7 billion a...