Anand Rathi Wealth has released its second quarter results. According to the company, both its profit and income have increased by more than 32 percent compared to last year. At the same time, EBITDA has increased by 34 percent. Along with this, the company's margin has also seen an increase. Along with the results, the company has also announced dividend for its investors. The company's results were presented after the market closed. In Thursday's trading, Anand Rathi Wealth's stock closed with a decline of about 2 percent.

How were the results
 

The company's profit has been Rs 76.1 crore with a growth of 32.3 percent over last year. A year ago, the profit was Rs 57.5 crore. At the same time, the company's income increased by 32.8 percent year-on-year to Rs 242.5 crore. Which was at the level of Rs 182.6 crore a year ago. The EBITDA of the company has increased from Rs 104.2 crore to Rs 77.5 crore as compared to last year, that is, there has been an increase of 34.45 percent. EBITDA margins have been at 43 percent, which was at the level of 42.4 percent a year ago. How much dividend was distributed The company has also announced the first interim dividend for the current financial year along with the results. The company will give its investors a dividend of Rs 7 per share. The record date for dividend has been fixed as October 18, 2024. The dividend will be paid within a month.