Anand Rathi Wealth Q1FY24 Results: Consolidated PAT of Rs. 53.06 Cr

Anand Rathi Wealth Q1FY24 Results: Consolidated PAT of Rs. 53.06 Cr

Anand Rathi Wealth Limited Q1 results show revenue up from 147.07 crores to 178.44 crores, a 21.33% increase in growth. EPS down from ₹31.14 to ₹30.26, down by -2.79%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Anand Rathi Wealth shared its Q1 results on Wednesday. They earned 178.44 crores in revenue this quarter, but that’s more than the 147.07 crores they made last quarter. The company’s growth increased by 21.33 percent when comparing the two quarters.

In terms of profits, the company’s Consolidated PAT (Profit After Tax) for this quarter was 53.06 crores, up from 42.61 crores in the previous quarter. Their quarter-to-quarter growth increased by 24.52 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹12.71, which is an increase of 24.61% from the ₹10.20 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 178.44 crores this year (2023), which is 33.62 percent higher than last year’s total revenue of 133.54 crores.

This year’s PAT (Profit After Tax) is 53.06 crores, which is also 16.84% higher than last year’s PAT of 39.70 crores.

The EPS (Earnings Per Share) for this year is ₹12.71, which is 33.79% more than the EPS of ₹9.50 earned last year.

Anand Rathi Wealth Share Dividend Announcement / Record Date:

Not related to distributing a portion of a company’s earnings to shareholders in the form of cash or stock dividends. ( No Dividend Payout )

About Anand Rathi Wealth :

Anand Rathi Wealth Limited is a registered Mutual Fund Distributor with the Association of Mutual Funds in India (AMFI). Since 2002, The company has specialized in serving high and ultra-high-net-worth individuals (HNIs & UHNIs) through our Private Wealth services. The company’s clients, both in India and worldwide, entrust us with their assets, totaling over INR 37,942+ crores.

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