#Businessnews #anandrathiwealth #fy25 #q2earnings
In this video, we dive into Anand Rathi Wealth's impressive financial performance. The wealth management firm reported a consolidated net profit of Rs 76 crore for the quarter, a 32% increase from Rs 57.5 crore in the same period last year. Revenue also saw significant growth, rising 32.8% to Rs 242.5 crore compared to Rs 182.6 crore a year earlier. Notably, mutual fund distribution revenue surged by 70% year-on-year to Rs 195 crore. The company experienced a remarkable 128% increase in net inflows, reaching Rs 5,700 crore. For the first half of FY25, net profit climbed to Rs 150 crore, up 35%, with total revenue growing to Rs 495 crore, also a 35% increase. Feroze Azeez, Deputy CEO, and Chethan Shenoy, Director discuss the FY25 Q2 earnings, the company's financial health, and future plans in this exclusive conversation with Business Today TV. Don’t miss it!
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