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Anand Rathi Wealth reports 34% rise in Q1 consolidated net profit

13 Jul 2023 Evaluate

Anand Rathi Wealth has reported results for first quarter ended June 30, 2023 (Q1FY24). 

Anand Rathi Wealth has reported 32.67% rise in its net profit at Rs 52.36 crore for the quarter under review as compared to Rs 39.47 crore for the same quarter in the previous year. Total income of the company increased by 32.07% at Rs 170.63 crore for Q1FY24 as compared Rs 129.20 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 34.04% rise in its net profit at Rs 53.23 crore for the quarter ended June 30, 2023 as compared to Rs 39.71 crore for the same quarter in the previous year. Total income of the company increased by 33.62% at Rs 178.44 crore for Q1FY24 as compared Rs 133.54 crore for the corresponding quarter previous year. 

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