Anand Rathi Wealth Posts Drop in Q2 Net Profit Yet Announces Interim Dividend

Anand Rathi Wealth Limited reported a 10.37% year-on-year drop in its net consolidated profit to ₹88.95 crore for the second quarter of financial year 2026-27, down from ₹99.26 crore in the same period last year.

Financial Figures And Dividend

Despite the lower net profit, the board of directors approved a first interim dividend of ₹4 per equity share, which is 80% of the stock's face value of ₹5. Eligible shareholders will receive this payout within 30 days from the declaration date of October 9. The board set Thursday, October 15, as the record date, meaning investors must buy the stock by Wednesday, October 14, to qualify. Meanwhile, the firm's net revenue from operations rose to ₹343.98 crore in Q2FY27 compared to ₹297.36 crore in Q1FY27. Economic Times also noted that quarterly business profit rose 22% year-on-year to ₹122 crore, while quarterly net inflows hit a record ₹4,186 crore.

Growth And Stock Performance

For the first half of financial year 2026-27, Assets Under Management grew 18% annually to reach ₹1,08,377 crore, with the Economic Times noting total assets touching ₹1.08 lakh crore. Net revenue for H1FY27 surged 17% annually to ₹693 crore, and earnings per share rose 22% to ₹7.3. Ahead of the results, the stock closed 4.68% lower at ₹2,038.70 per share on the National Stock Exchange on Friday following selling pressure.

Context

Corporate dividends represent a direct way for profitable companies to share their earnings with everyday retail investors. Record dates set a strict legal cutoff so firms can accurately track who owns their shares on a given day.