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Consolidated results at a glance for the quarter ended 31st December, 2021

* Revenue from operations up by 107.2% YOY to INR 36.62 crore ✓ Total income up by 112.7% YOY to INR 40.92 crore

* Profit After Tax (PAT) up 4.9x YOY to INR 15.04 crore

* Earnings Per Share (EPS) at INR 4.84 for the quarter ended 31st December, 2021 vs. INR 0.99 for the quarter ended December 2020.

* Return on Equity (ROE) at 39% (annualized)

Monarch Networth Capital Limited, a leading full-service financial services company with businesses spread across retail broking, wealth & third-party products distribution, global access, institutional equities, investment banking and fund management, today reported its financial performance for the quarter ended 31st December, 2021.

Commenting on the quarterly numbers, Mr. Vaibhav Shah, MD of Monarch Networth, said “The company is poised for very strong growth in the coming quarters. We have been focusing exclusively on value creation for our clients. We have invested heavily in our research products which have started yielding very strong results for our clients. We are also investing in enhancing our technology platform. We expect to come out with a new mobile app in the next quarter

Our maiden AIF stood in the first quartile amongst competition. We expect to launch our second AIF** in the next quarter, with a tentative plan to raise Rs 250 cr. We are also looking for ways to infuse more funds into our NBFC”.

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