ETMarkets Management Talk: Anand Rathi Wealth to grow 20-25 ...
26 October 2024
After recording 31% revenue growth in FY23, Anand Rathi Wealth has given revenue guidance of Rs 661 crore, an 18% increase, and PAT guidance of Rs 205 crore, a 22% increase.
“Our research says the coming year will be better for Indian equities than the year that has gone by, and therefore we are at the back end of higher inflation and, thus, a rate hike cycle. Hence, we expect a better year from the market's point of view in the coming year,” says Anand Rathi Wealth CEO Rakesh Rawal.
After recording 31% revenue growth in FY23, Anand Rathi Wealth has given revenue guidance of Rs 661 crore, an 18% increase, and PAT guidance of Rs 205 crore, a 22% increase. “Our research says the coming year will be better for Indian equities than the year that has gone by, and therefore we are at the back end of higher inflation and, thus, a rate hike cycle. Hence, we expect a better year from the market's point of view in the coming year,” says Anand Rathi Wealth CEO Rakesh Rawal.
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