iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Anand Rathi Wealth gains after Q1 PAT rises 34% YoY

13 Jul 2022 , 11:03 AM

Total operating costs jumped 40.3% YoY to Rs 75.9 crore during the quarter. Profit before tax in Q1 FY23 stood at Rs 52.9 crore, up by 33.6% from Rs 39.6 crore in Q1 FY22. Rakesh Rawal, chief executive officer, said: ?The company has reported strong growth for the quarter ended 30th June 2022, despite the challenging market scenario. As on 30th June 2022, our AUM stood at Rs 32,961 crore, growth of 15% over same period last year. We are confident that our long-term commitment to providing our clients with the most effective wealth management solutions, along with a committed team of Relationship Managers, will enable us to see strong growth in the coming years.? Anand Rathi Wealth is one of the leading non-bank wealth solutions company in India. It closely works with HNIs & UHNIs to meet their financial goals and objectives. It facilitates their investments in financial instruments using its well-researched solutions. Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.