Operating revenue jumped 60% YoY to Rs 1,569 crore in Q4 FY24.
The company reported highest ever quarterly capital market business PAT of Rs 251 crore, up 68% YoY and 23% QoQ. Revenues for this segment were Rs 982 crore, up 68% YoY and up 28% QoQ in Q1FY24. Capital markets comprise of retail broking and distribution, institutional equities and investment banking business. Overall, the company's average daily turnover (ADTO) grew 122% YoY and 26% QoQ.
Asset and Wealth Management revenues were Rs 589 crore in Q4FY24, up 58% YoY. Profits were Rs 210 crore in Q4 FY24, up 79% YoY. Asset Management business AUM across MF, PMS & AIF grew strongly to Rs 71,810 crore, up 57% YoY and 11% QoQ.
Housing finance business PAT was Rs 31 crore in Q4 FY24. The segment AUM grew by 6% YoY to Rs 4...
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