Anand Rathi Wealth has reported results for fourth quarter (Q4) and year ended March 31, 2023.
Anand Rathi Wealth has reported rise of 26.92% in its net profit at Rs 43.19 crore for the quarter under review as compared to Rs 34.03 crore for the same quarter in the previous year. Total income of the company increased by 27.48% at Rs 140.65 crore for Q4FY23 as compared Rs 110.33 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported rise of 23.44% in its net profit at Rs 42.71 crore for fourth quarter ended March 31, 2023 as compared to Rs 34.60 crore for the same quarter in the previous year. Total income of the company increased by 28.05% at Rs 146.81 crore for Q4FY23 as compared Rs 114.65 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 34.06% rise in its net profit at Rs 168.18 crore as compared to Rs 125.45 crore for the previous year. Total income of the company increased by 31.47% at Rs 537.64 crore for year under review as compared to Rs 408.95 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 32.97% rise in its net profit at Rs 168.60 crore as compared to Rs 126.80 crore for the previous year. Total income of the company increased by 31.30% at Rs 558.33 crore for year under review as compared to Rs 425.22 crore for year ended March 31, 2022.
