Anand Rathi Wealth has added a smile to the face of its investors by issuing a 1:1 bonus share after performing strongly during the third quarter of the 2024-25 Fiscal. The Company’s net profit demonstrably increased by 33 percent to hit ₹77.02 crore. In addition, revenue from operations increased by 30 percent to ₹237.04 crore. The profit before tax for the quarter was ₹104.17 crore. Which is an increase of 33.5 percent from the same quarter of the previous year.
The Company’s Assets Under Management, or AUM grew by 39% this quarter reaching ₹76402 crore. An area of major improvement was noted in regard to equity mutual funds, which rose from 52% in December the previous year to 55%.
Anand Rathi Wealth has achieved an extraordinary increase of 69 percent growth in net inflows for this quarter, which reached ₹9145 crore. Inflows for equity mutual funds also grew exceptionally, increasing by 51% to ₹5831 crore. Revenues from mutual fund distribution have increased by 63% year-on-year reaching ₹303 crore.
The firm had revenues of ₹717.13 crore for the first nine months of FY 25, which is a significant increase of 33% compared to last year. Net profit for this period rose by 34% to stand at ₹226.37 crore. The company has already surpassed 75% of its revenue and profit targets set for the fiscal year.
Anand Rathi Wealth has issued a bonus share recommendation of 1:1 for its investors, where one share will be given for each existing share. This issuance will take place subject to regulatory as well as shareholder approval.
I would like to thank our clients and team members for this remarkable achievement, YoY growth, said Rakesh Rawal, CEO of Anand Rathi Wealth. He also pointed out the company’s continued focus and investment in growing nationally, and indicated that there will be growth in the coming few years.
Anand Rathi Wealth is one of the leading non bank firms in India with assets under management catering to high and ultra high net worth individuals. At the market close of today, the company’s shares traded at ₹3,997.55 down 0.31% while BSE Sensex gained by 0. 45% at 76,672.94.
Anand Rathi Wealth remains a company to look for in the wealth management industry because of its outstanding performance and bonus shares announcement. Revenue and profits generated tell a lot about the company’s business model and client management.
Vesuvius India Declares ₹14.50 Dividend And 1:10 Stock Split — Key Dates & Details Big news…
Your Guide to Smarter Decisions: Understanding the Risk-Return Relationship in Investing Investing can be similar to…
Is it possible to profit by buying and selling stocks every year? This post dives…
The 2025 IPO market holds immense potential, but pitfalls abound. Learn from 2024’s trends and…
Options trading isn't just about buying calls and puts—smart traders use advanced strategies to maximize…
Option trading might sound complicated, but it’s simpler than you think. It’s a way to…