Anand Rathi Wealth Ltd consolidated Q1FY24 PAT higher at Rs. 53.06 crores

Anand Rathi Wealth Ltd has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 178.4366 crores during the period ended June 30, 2023 as compared to Rs. 147.0695 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 53.0614 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 42.6134 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 12.71 for the period ended June 30, 2023 as compared to Rs. 10.20 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹178.4366 crs	₹147.0695 crs	21.33%
Net Profit	₹53.0614 crs	₹42.6134 crs	24.52%
EPS	₹12.71	₹10.20	24.61%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.178.4366 crores during the period ended June 30, 2023 as compared to Rs.133.5395 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.53.0614 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.39.7031 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.12.71 for the period ended June 30, 2023 as compared to Rs.9.50 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹178.4366 crs	₹133.5395 crs	33.62%
Net Profit	₹53.0614 crs	₹39.7031 crs	33.65%
EPS	₹12.71	₹9.50	33.79%

Shares of Anand Rathi Wealth Ltd was last trading in BSE at Rs. 933.75 as compared to the previous close of Rs. 939.20. The total number of shares traded during the day was 10962 in over 1272 trades.

The stock hit an intraday high of Rs. 949.00 and intraday low of 922.00. The net turnover during the day was Rs. 10267375.00.

Source : Equity Bulls

Keywords

AnandRathiWealth Q1FY24 ResultUpdate