Revenue from operations increased 45.8% YoY to Rs 573 crore in Q4 FY24.
Profit before tax increased 37.4% to Rs 323 crore in Q4 FY24 as compared with Rs 200 crore in Q4 FY23.
Assets under Management (AUM) stood at Rs 4,66,909 crore, consisting of Wealth Management AUM of Rs 3,94,661 crore and Asset Management AUM of Rs 72,248 crore.
As on March 31, 2024, Annual recurring revenue (ARR) AUM stood at Rs 2,27,879 crore, up 36% YoY.
ARR AUM of Wealth Management jumped 43% YoY to Rs 1,55,631 crore supported by robust growth across segments. Its discretionary / non-discretionary / advisory proposition (360 ONE Plus) saw growth of 71%, while distribution and lending businesses grew by 26% and 20% respectively. Asset Management ARR AUM jumped 24% to Rs 72,248 crore driven by growth...
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