Anand Rathi Reports 33% Rise in Q3 Net Profit with Stable Margins
1 hour agoBusiness
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3 SourcesAnand, Gujarat, India
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Anand Rathi Reports 33% Rise in Q3 Net Profit with Stable Margins

Anand Rathi Shares and Stock Brokers Ltd reported a 33% rise in net profit to Rs 370 crore for the December quarter, driven by higher revenue and reduced finance costs. Revenue from operations increased 9% sequentially to Rs 248 crore, while EBITDA rose 8.2% to Rs 101.2 crore with margins remaining stable around 40.8%. Active clients and assets under custody also grew, with the margin trading facility book expanding to Rs 1,231 crore. The company aims to focus on de-risking and diversifying earnings.

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