ANANDRATHI

Anand Rathi Wealth, a midcap player in the finance and non-banking financial company (NBFC) sector, has reported its financial results for the quarter ending March 2025. The results, declared on April 10, 2025, indicate a positive performance in certain areas, although challenges remain. Net sales for the latest six months reached Rs 459.00 crore, reflecting a year-on-year growth of 25.17%. Additionally, the profit after tax (PAT) for the same period stood at Rs 150.47 crore, marking a significant year-on-year increase of 31.51%. These figures suggest a favorable near-term sales and profit trend for the company. However, not all indicators are positive. The profit before tax (PBT), excluding other income, was reported at Rs 80.03 crore for the quarter, which represents a decline of 8.4% compared to the average PBT of Rs 87.33 crore over the previous four quarters. Furthermore, the company recorded its highest non-operating income in five quarters at Rs 19.43 crore, raising concerns about the sustainability of this income source. The overall score for Anand Rathi Wealth has decreased to 6 from 12 in the last three months, reflecting these mixed results.