Categories AlphaGraphs, Earnings

360 ONE WAM Ltd Q2FY24; 7% rise in Profits

IIFL Wealth Management Limited, founded in 2008, is one of the largest private wealth management firms in India. The company mainly acts as wealth manager and provides services relating to financial products distribution, advisory, portfolio management services by mobilizing funds and assets of various classes of investors including High Networth Individuals.

Financial Results:

360 ONE WAM Ltd reported Revenues for Q2FY24 of ₹555.00 Crores up from ₹505.00 Crore year on year, a rise of 9.9%.

Total Expenses for Q2FY24 of ₹391.00 Crores up from ₹298.00 Crores year on year, a rise of 31.21%.

Consolidated Net Profit of ₹186.00 Crores up 6.9% from ₹174.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.21, up 6.11% from ₹4.91 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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