Anand Rathi Wealth Q1 Results Revenue at ₹24,542.08 Lakhs and Net Profit at ₹7,344.18 Lakhs

Anand Rathi Wealth Q1 Results 2024 - 2025: Anand Rathi Wealth reported its financial results for the first quarter ending June 30, 2024, on July 11, 2024. The company achieved a significant revenue increase, with total income rising to ₹24,542.08 lakhs, a 24.6% jump from ₹19,719.53 lakhs in the previous quarter.

Higher operational earnings and improved other income drive this robust performance. The net profit for the quarter was ₹7,344.18 lakhs, showing a notable 28.7% increase compared to ₹5,686.10 lakhs in the prior quarter.

The earnings per share (EPS) also grew to ₹17.56, up 28.8% from ₹13.62 in the previous quarter. Despite facing higher expenses, including employee benefits and depreciation, Anand Rathi Wealth's strong quarterly results underscore its solid financial health and effective business strategies.

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Anand Rathi Wealth Q1 Results 2024 - 2025

Anand Rathi Wealth released its financial results for the first quarter ending June 30, 2024, on July 11, 2024. The company reported strong performance across several key metrics, reflecting notable growth in both revenue and net profit. Below is a summary of the Q1 2024 results:

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Anand Rathi Wealth Current Market Overview

Anand Rathi Wealth is currently trading at ₹3,814 per share, reflecting a recent increase of 2.15%. The company's market capitalization stands at ₹15,972 crore, indicating its significant presence in the financial services sector.

The stock has a high of ₹4,300 and a low of ₹1,350, showing notable fluctuations in its value. With a price-to-earnings ratio of 65.2 and a return on equity of 40.3%, Anand Rathi Wealth demonstrates strong financial performance. It also offers a dividend yield of 0.37% and has a high return on capital employed at 50.7%, highlighting its efficient use of capital.

Quarterly Results

Here is a summary of Anand Rathi Wealth's financial performance for the last three quarters:

About Anand Rathi Wealth

Anand Rathi Wealth is a prominent financial services company based in India that specializes in wealth management and financial product distribution. Established on March 22, 1995, the company is a part of the Anand Rathi Group, which offers a wide range of investment services, including private wealth management, institutional equities, investment banking, and insurance broking.

Anand Rathi Wealth is recognized as one of the top non-bank mutual fund distributors in India, with a broad portfolio of wealth solutions and technology services. The company operates through numerous outlets across the country and employs a large team of professionals to cater to its clients' diverse financial needs.

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