Anand Rathi Wealth Q3 results: Net profit jumps 33% to Rs 77.3 crore

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Anand Rathi Wealth Q3 results: Net profit jumps 33% to Rs 77.3 crore - Business Standard

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In a statement, the company said its total revenue for the quarter under review stood at Rs 244.2 crore, a 30 per cent year-on-year (YoY) growth from Rs 187.3 crore in the same period last year.

Anand Rathi Wealth Ltd on Monday reported a 33 per cent year-on-year surge in consolidated net profit at Rs 77.3 crore in the December quarter.

The leading wealth management firm, specialising in serving high and ultra-high-net-worth individuals, said its board of directors decided to allot bonus shares in the ratio of 1:1, which is one bonus equity share for every one equity share held presently.