Wealth First Portfolio Managers Limited has announced its financial results for the second quarter ended September 30, 2024, showing strong growth. The company posted a net profit of ₹15.2 crore, up from ₹10.2 crore in the same period last year, reflecting a 48.5% year-on-year increase.
The revenue for the quarter reached ₹23.5 crore, a 45.96% rise from ₹16.1 crore in the corresponding quarter of the previous year. The company has credited its growth to improved operational performance and favorable market dynamics.
In addition, the company declared a dividend of ₹8 per share, rewarding its shareholders for the strong financial results.
Wealth First’s management remains optimistic about continuing its growth in the coming quarters, supported by its solid financial performance and strategic initiatives.
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