Branch² Intelligence
Anand Rathi Wealth Q1 profit jumps 74%; EBITDA, margin decline
Key takeaway
Anand Rathi Wealth Q1 profit jumps 74%, revenue up 17.5% to ₹322 crore, AUM crosses ₹1 lakh crore.
- Step 1Anand Rathi Wealth reports 74% profit jump and AUM crossing ₹1 lakh crore, signaling strong business momentum.
- Step 2The revenue growth and AUM scale attract new clients and increase wallet share from existing clients, driving further AUM growth.
- Step 3Sustained AUM growth and market share gains lead to higher recurring revenue and improved operating leverage over the medium term.
Source: CNBC TV18 (Markets)
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