Anand Rathi Share Q4 Results: Profit more than doubles to Rs 41 crore despite market crash

Anand Rathi Share and Stock Brokers reported a sharp surge in profitability for the March quarter despite a broader market crash, with consolidated net profit rising 126% year-on-year to Rs 41.5 crore, driven by strong traction in non-broking businesses and higher margin expansion. Revenue from operations for the quarter stood at Rs 256 crore, up 28% from a year earlier, according to the company’s earnings release.Operating performance remained robust during the quarter, with EBITDA increasing 5...