Prudent Corporate Advisory Services Limited — Investor Meet, 06-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates
06-11-2024 · 04:20 pm
Prudent Corporate Advisory Services reported a strong Q2 FY '25, with a 73% YoY profit growth to INR 51.5 crores. Assets under management surpassed INR 1 lakh crores, driven by retail participation and significant equity inflows, despite market corrections. The company aims for a systematic investment plan (SIP) target of INR 1,000 crores by March 2025. The management remains cautious about potential commission cuts from AMCs but expects stable margins due to their distributor relationships.
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