ALPHA TRIBE

360 ONE WAM LIMITEDImportant, 27-01-2025: Agreements

27-01-2025 | 07:46 pm

**Update on 360 ONE WAM Limited**

360 ONE WAM Limited has delivered strong financial performance for Q3 FY25, reporting a 41.7% YoY increase in profit after tax (PAT) to ₹275 crore and total revenues of ₹678 crore, marking a 45.4% YoY growth. The assets under management (AUM) stood at ₹5,79,222 crore, with ₹2,47,999 crore in annual recurring revenue (ARR), reflecting a 32.9% YoY increase.

Additionally, the company has entered into an agreement to acquire Batlivala & Karani Securities India Pvt. Ltd. (B&K Securities) and Batlivala & Karani Finserv Pvt. Ltd. for a total consideration of ₹1,884.13 crore. This acquisition aims to strengthen its brokerage platforms and enhance service offerings across various market segments. The deal involves a mix of cash and share issuance, subject to regulatory approvals. Overall, these developments indicate a positive outlook for 360 ONE as it continues to expand its market presence. Investors should watch closely as this acquisition could significantly impact future growth.

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