HighPositive
Announced Thu, 9 Jul · 20:45 IST
Anand Rathi Wealth Q1 Results: Net profit rises 24%; AUM tops ₹1 lakh crore
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AI summary
Anand Rathi Wealth reported a 24% year-on-year rise in consolidated net profit to about 116 crore for Q1 FY27, up from 93.8 crore a year ago. Revenue from operations grew 18% to 336.4 crore, while assets under management crossed the 1 lakh crore milestone for the first time to reach 1.06 lakh crore, up 21% YoY. The company has guided for a FY27 profit of 460 crore on revenue of 1,415 crore, and active client families rose 13% to 13,941.