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Anand Rathi Wealth reports 35% rise in Q3 consolidated net profit

13 Jan 2023 Evaluate

Anand Rathi Wealth has reported results for third quarter ended December 31, 2022.

The company has reported rise of 34.59% in its net profit at Rs 42.90 crore for Q3FY23 as compared to Rs 31.87 crore for the corresponding quarter previous year. Total income of the company increased by 29.03% to Rs 134.59 crore for the quarter as compared to Rs 104.31 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 34.93% in its net profit at Rs 43.23 crore for Q3FY23 as compared to Rs 32.04 crore for the same quarter in the previous year. Total income of the company increased by 29.03% to Rs 140.21 crore for the quarter under review as compared to Rs 108.66 crore for the same quarter in the previous year.

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