SENSEX: 72,400 ▲ 0.5% NIFTY: 21,800 ▲ 0.4% GOLD: 62,500 ▼ 0.2%
AlphaStreet Analysis

Anand Rathi Wealth Ltd Q2FY25; 31% rise in Profits

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 Q2FY25 of ₹242.00 Crores up from ₹183.00 Crore year on year, a rise of 32.24%.

Total Expenses for Q2FY25 of ₹147.00 Crores up from ₹112.00 Crores year on year, a rise of 31.25%.

Consolidated Net Profit of ₹76.00 Crores up 31.03% from ₹58.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹18.17, up 31.95% from ₹13.77 in the same quarter of the previous year.

Tags:
Ad