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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above unaudited consolidated financial results for the quarter ended June 30, 2024 of Anand Rathi Wealth Limited (the  Holding Company  or the  Company ) and its subsidiaries (the Holding Company and its subsidiaries together referred to as the  Group ) have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on July 11, 2024, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statutory Auditor of the Company has carried out limited review of the aforesaid results.   2. The unaudited consolidated financial results of the Group include unaudited results of the subsidiaries – AR Digital Wealth Private Limited (ARDWPL) (75.51%), Freedom Wealth Solutions Private Limited (FWSPL) (95%) and Ffreedom Intermediary Infrastructure Private Limited (FIINFRA) (100%).   3. These unaudited consolidated financial results have been prepared in accordance with the recognition and measurement principals laid down in Indian Accounting Standards 34 — Interim Financial Reporting ( Ind AS 34 ) prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principal generally accepted in India and in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended.   4.The figures for the quarter ended March 31, 2024 as reported in these financial results are the balancing figures between audited figures in respect of the full financial year and the published unaudited year-to-date figures up to the end of the third quarter of that financial year, which were only reviewed and not subjected to audit.    5. As on June 30, 2024, the Company has 52,020 stock options outstanding under ESOP Scheme 2018.   6. The shareholders by way of a special resolution through postal ballot, approved the proposal of Buy Back of equity shares of the Holding Company on May 19, 2024, as recommended by its Board of Directors, the results of which were declared on April 12, 2024. The buyback was offered to the shareholders as on the record date i.e. June 03, 2024, on proportionate basis through the tender offer route. The tendering period was from June 07, 2024 to June 13, 2024. The Holding Company has bought back 3,70,000 equity shares at Rs.4,450 per share resulting in cash outflow of Rs.16,465 Lakh (excluding expenses towards buyback). The settlement of all valid bids and extinguishment of equity shares bought back were completed on June 27, 2024. Accordingly, the equity share capital was reduced by Rs.18.5 Lakh and the premium on buy-back of Rs.16,446.50 Lakh is adjusted against retained earnings.   7. The Group operates only in one business segment i.e. sale and distribution of financial products within India, hence does not have any reportable segment as per Indian Accounting Standard 108 “operating segments    8. Financial results of Anand Rathi Wealth Limited (Standalone)   Particulars                              Quarter Ended                                                 Year Ended           30.06.2024 (Unaudited)  31.03.2024 (Audited) 30.06.2023 (Unaudited)  31.03.2024(Audited)    Revenue from    Operations       22,936.24            17,673.42            16,771.24                 69,467.63    Profit Before Tax         9,737.35              7,716.34             6,972.06                 29,967.21    Net Profit after Tax         7,223.47              5,550.48             5,236.42                 22,143.71    9. The figures for the corresponding previous periods have been regrouped / reclassified wherever necessary, to make them comparable.   10. The above Results of the Company are available on the Company`s website www.anandrathiwealth.in and also on the website of BSE i.e www.bseindia.com and NSE i.e. www.nseindia.com, where the shares of the Company are listed.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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