HighPositive
Announced Fri, 10 Jul · 08:43 IST
Anand Rathi shares in focus after Q1 net profit jumps 24%, AUM crosses Rs 1 lakh crore
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Anand Rathi Wealth reported a 24 percent year-on-year jump in Q1FY27 net profit to Rs 116 crore, with revenue rising to Rs 336 crore from Rs 284.1 crore a year ago. Assets under management crossed the Rs 1 lakh crore milestone, growing 21 percent YoY to Rs 1,06,300 crore, supported by net inflows of Rs 2,743 crore. The company achieved 24 percent of its full-year revenue guidance of Rs 1,415 crore and 25 percent of its PAT guidance of Rs 460 crore in the first quarter itself.