Anand Rathi Wealth has delivered a robust performance for the first quarter, reflecting continued momentum in its wealth management operations. The firm announced a 24% year-on-year jump in net profit, reaching Rs 116 crore, alongside an 18% revenue increase to Rs 336 crore.
A significant highlight of the quarterly report is the company’s milestone in assets under management (AUM), which has officially crossed the Rs 1 lakh crore threshold. This achievement underscores the firm’s growing influence in the Indian financial services sector.
Management remains optimistic regarding the path ahead, noting that the Q1 results represent nearly a quarter of the annual revenue target. The firm continues to benefit from a growing client base and increased market participation.
Key performance indicators:
- Net Profit: Rs 116 crore (up 24%)
- Total Revenue: Rs 336 crore (up 18%)
- AUM Milestone: Surpassed Rs 1 lakh crore
