Anand Rathi Wealth Ltd News

Capital market-related stocks in focus; MOFSL, KFintech soar upto 12% today

For capital market players, higher disposable incomes could support systematic investment plan (SIP), future & options (F&O) and cash volumes

Anand Rathi Wealth Q3 results: Net profit jumps 33% to Rs 77.3 crore

Anand Rathi Wealth Ltd on Monday reported a 33 per cent year-on-year surge in consolidated net profit at Rs 77.3 crore in the December quarter. The company had posted a profit of Rs 58 crore in the year-ago period. In a statement, the company said its total revenue for the quarter under review stood at Rs 244.2 crore, a 30 per cent year-on-year (YoY) growth from Rs 187.3 crore in the same period last year. The leading wealth management firm, specialising in serving high and ultra-high-net-worth individuals, said its board of directors decided to allot bonus shares in the ratio of 1:1, which is one bonus equity share for every one equity share held presently. This is subject to shareholders' approval. During the nine-month (April-December) period of FY25, the company's total revenue was at Rs 739 crore, registering a growth of 33 per cent year-on-year, while profit after tax increased 34 per cent to Rs 227 crore. "India's economy continues to grow steadily, driven by rising income

Q3 FY25 results Jan 13: HCL Tech, Delta among 14 to report earnings today

Q3 FY25 results January 13: HCL Tech, Delta Corp, Angel One, Anand Rathi among firms to report earnings for the quarter that ended on D

Anand Rathi Wealth up 7% as board to consider bonus issue on Jan 13, 2025

The company announced that its board will consider bonus issue in a meeting on Monday, January 13, 2025

Anand Rathi stocks rally 6% on strong Q2 show; Rs 7 dividend announced

The uptick in Anand Rathi share price came after the company reported a strong set of September quarter (Q2FY25) results.