Anand Rathi Wealth Ltd Q3 FY2024 consolidated net profit up at Rs. 57.82 crores

Anand Rathi Wealth Ltd has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 187.2640 crores during the period ended December 31, 2023 as compared to Rs. 189.0705 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 57.8235 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 57.4919 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 13.87 for the period ended December 31, 2023 as compared to Rs. 13.78 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 187.2640 crs	₹189.0705 crs	-0.96%
Net Profit	₹57.8235 crs	₹57.4919 crs	0.58%
EPS	₹13.87	₹13.78	0.65%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 187.2640 crores during the period ended December 31, 2023 as compared to Rs.140.2099 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.57.8235 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.43.1658 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.13.87 for the period ended December 31, 2023 as compared to Rs.10.35 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 187.2640 crs	₹140.2099 crs	33.56%
Net Profit	₹57.8235 crs	₹43.1658 crs	33.96%
EPS	₹13.87	₹10.35	34.01%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.554.7711 crores during the 9 Months period ended December 31, 2023 as compared to Rs.411.8395 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.168.3768 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.125.7931 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.40.36 for the 9 Months period ended December 31, 2023 as compared to Rs.30.14 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹554.7711 crs	₹411.8395 crs	34.71%
Net Profit	₹168.3768 crs	₹125.7931 crs	33.85%
EPS	₹40.36	₹30.14	33.91%

Shares of Anand Rathi Wealth Ltd was last trading in BSE at Rs. 2815.65 as compared to the previous close of Rs. 2789.75. The total number of shares traded during the day was 6307 in over 1241 trades.

The stock hit an intraday high of Rs. 2844.00 and intraday low of 2799.85. The net turnover during the day was Rs. 17789582.00.

Source : Equity Bulls

Keywords

AnandRathiWealth Q3FY24 9MFY24 ResultUpdate