Anand Rathi Wealth Ltd, a leading wealth management firm, has reported a substantial increase in its consolidated net profit for the third quarter of the fiscal year 2025. The company’s net profit rose by 33.2 per cent year-on-year to reach ₹77.3 crore, up from ₹58 crore in the same period last year. This impressive growth can be attributed to a healthy increase in assets under management (AUM).
As of December-end 2024, the company’s AUM stood at ₹76,402 crore, marking a significant growth of 38.8 per cent compared to the AUM of ₹55,057 crore recorded in December-end 2023. The presentation by the company highlighted that equity mutual funds accounted for the majority of the AUM at 55 per cent, followed by non-principal protected structured products at 26 per cent, and other investments at 14 per cent. Debt mutual funds made up the remaining 5 per cent of the total AUM.
In addition to the strong financial performance, the Board of Directors announced a bonus share issuance in the ratio of 1:1, giving existing shareholders one bonus equity share for every one equity share held (subject to shareholder approval).
These developments showcase the continued success and growth of Anand Rathi Wealth Ltd in the competitive wealth management industry. Investors and stakeholders can look forward to further updates and results from the company as it continues to expand its offerings and enhance its financial performance in the future.
For more information and insights on this topic, stay tuned for our upcoming blog post that will delve deeper into the financial performance and strategic initiatives of Anand Rathi Wealth Ltd.
