Company Description:
Anand Rathi Wealth Ltd was incorporated on March 22, 1995. It is an AMFI registered mutual fund distributor and is one of the leading non-bank wealth solutions firms in India, being ranked amongst the top three non-bank mutual fund distributors in the country. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients.
Financial Results:
Anand Rathi Wealth Ltd reported Revenues for Q2FY24 of ₹175.00 Crores up from ₹132.00 Crore year on year, a rise of 32.58%.
Total Expenses for Q2FY24 of ₹105.00 Crores up from ₹76.00 Crores year on year, a rise of 38.16%.
Consolidated Net Profit of ₹57.00 Crores up 32.56% from ₹43.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹13.59, up 32.84% from ₹10.23 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.