360 ONE WAM LIMITED — Important, 27-01-2025: Financial Result Updates
**360 ONE WAM Limited - Q3 FY25 Financial Summary**
Total revenues for Q3 FY25 surged to ₹678 crore, marking a robust year-on-year growth of 45.4%, primarily driven by a strong increase in Annual Recurring Revenue (ARR) AUM, which reflected a 32.9% rise. This growth indicates successful expansion in both Wealth Management and Asset Management sectors. The company's revenue from operations also showed impressive growth, reaching ₹605 crore, up 37.7% YoY.
Net profit after tax for the quarter stood at ₹275 crore, a significant increase of 41.7% compared to ₹194 crore in Q3 FY24. This translates to an Earnings Per Share (EPS) of ₹7.26, up from ₹5.16 YoY, suggesting enhanced profitability driven by operational efficiency and lower costs relative to revenue.
Total expenses amounted to ₹319 crore, reflecting a 37.9% increase from the previous year, primarily due to investments in operational enhancements and talent acquisition, while the operating profit before tax remained stable at ₹286 crore.
The balance sheet remains strong, with total assets under management (AUM) reaching ₹5,79,222 crore. The tangible net worth is reported at ₹5,806 crore, showing a solid capital base to support further growth.
Strategically, the company continues to focus on enhancing its market position through the planned acquisition of Batlivala & Karani Securities and Finserv, which is expected to fortify its broking platforms and overall service offerings.
Overall, based on the strong financial performance and strategic initiatives, the company presents an attractive investment opportunity, indicating a "buy" perspective for retail investors.
