Particle.news
Download on the App Store

Anand Rathi Q3 Revenue Up 22% to Rs 249 Crore, PAT Rs 37 Crore as Non-Broking Businesses Expand

Management says it is increasing exposure to non-broking segments to de-risk results.

Overview

  • The regulatory filing shows revenue of Rs 249 crore, up 22% year on year, and profit after tax of Rs 37 crore, up 72% year on year.
  • EBITDA rose to Rs 101.2 crore with margins around 40.8%, largely stable versus the previous quarter.
  • The margin trading facility book expanded to Rs 1,232 crore and assets under management increased to Rs 8,369 crore, both higher year on year.
  • Client assets and counts grew, with assets under custody at Rs 1.05 lakh crore and total active clients at 1.58 lakh, including 96,851 active broking clients.
  • Some reports cited a Rs 370 crore net profit, which conflicts with the filing and has been flagged as a likely reporting error.