Anand Rathi Wealth Limited — Updates, 13-01-2025: Press Release

Anand Rathi Wealth Limited reported a strong performance for the nine-month period ending December 2024 (9M FY25), with consolidated net profit rising by 34% year-on-year to ₹227 crores, while total revenue increased by 33% to ₹739 crores. The company also experienced a remarkable growth in assets under management (AUM), reaching ₹76,402 crores, a 39% YoY increase. A significant highlight was the 63% YoY surge in mutual fund distribution revenue to ₹303 crores, alongside robust net inflows that rose by 69% to ₹9,145 crores. The Board has approved a bonus share issuance in a 1:1 ratio, pending shareholder approval. CEO Rakesh Rawal emphasized the company's strong financial health and growth potential, forecasting sustained growth of 20-25% in the coming years. With a solid market position and a client-centric approach, hopes are high for continued performance despite market fluctuations.