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Anand Rathi Wealth hits new 52-week high on reporting over 3-fold jump in Q4 consolidated net profit
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Anand Rathi Wealth is currently trading at Rs. 684.30, up by 72.60 points or 11.87% from its previous closing of Rs. 611.70 on the BSE.
The scrip opened at Rs. 650.90 and has touched a high and low of Rs. 711.95 and Rs. 650.90 respectively. So far 101843 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 711.95 on 13-Apr-2022 and a 52 week low of Rs. 541.85 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 711.95 and Rs. 605.00 respectively. The current market cap of the company is Rs. 2847.80 crore.
The promoters holding in the company stood at 48.82%, while Institutions and Non-Institutions held 12.11% and 39.07% respectively.
Anand Rathi Wealth has reported over 4-fold jump in its net profit at Rs 34.03 crore for the quarter ended March 31, 2022 as compared to Rs 7.83 crore for the same quarter in the previous year. Total income of the company increased by 56.70% at Rs 110.33 crore for Q4FY22 as compared Rs 70.41 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over 3-fold jump in its net profit at Rs 34.60 crore for the quarter ended March 31, 2022 as compared to Rs 10.21 crore for the same quarter in the previous year. Total income of the company increased by 49.39% at Rs 114.75 crore for Q4FY22 as compared Rs 76.81 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported around 3-fold jump in its net profit at Rs 125.45 crore as compared to Rs 44.22 crore for the previous year. Total income of the company increased by 55.93% at Rs 408.95 crore for year under review as compared to Rs 262.26 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 126.80 crore as compared to Rs 44.62 crore for the previous year. Total income of the company increased by 52.42% at Rs 425.63 crore for year under review as compared to Rs 279.25 crore for year ended March 31, 2021.
