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The Economic Times

Veer Sharma

Anand Rathi shares in focus after Q1 net profit jumps 24%, AUM crosses Rs 1 lakh crore

Anand Rathi Anand Rathi Wealth

Shares of Anand Rathi Wealth will be in focus on Friday after the company reported a 24% year-on-year rise in consolidated profit after tax for the June quarter, supported by an 18% increase in revenue as assets under management crossed the Rs 1 lakh crore milestone.

Profit after tax rose to Rs 116 crore in Q1FY27 from Rs 93.8 crore a year earlier, while total revenue increased to Rs 336 crore from Rs 284.1 crore. Profit before tax also grew 24% year-on-year to Rs 156 crore.

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