Anand Rathi Wealth Limited, a leading wealth management firm, has announced robust financial results for the second quarter of fiscal year 2025-26 (Q2 FY26), demonstrating strong growth across key metrics.

Financial Highlights

The company reported impressive growth in its consolidated financial performance for Q2 FY26:

For the half-year period (H1 FY26), the company's performance remained strong:

Dividend Declaration

The Board of Directors has declared an interim dividend of Rs 6 per equity share (120% of face value of Rs 5 each) for FY2025-26. The record date for the dividend has been set as October 17, 2025.

Management Changes

Mr. Pravin Jogani has been appointed as the Company Secretary and Compliance Officer, effective October 13, 2025. Mr. Jogani brings experience from diverse sectors including financial services, manufacturing, retail, telecom, and ITES.

Strategic Expansion

The Board has approved the incorporation of a subsidiary company in GIFT City, Gujarat, subject to regulatory approvals. This move signals the company's intent to expand its presence and potentially tap into new business opportunities.

Operational Performance

The company's strong financial results reflect its robust operational performance and effective strategy execution. The significant increase in revenue and profitability indicates growing market share and improved operational efficiency.

Anand Rathi Wealth Limited's consistent growth trajectory and strategic initiatives position it well for continued success in the wealth management sector. The company's focus on expanding its footprint and strengthening its management team demonstrates its commitment to long-term growth and shareholder value creation.

Three prominent companies in the Indian stock market have recently announced dividend payouts, setting specific record dates for shareholder eligibility. Let's delve into the details of these dividend announcements and their implications for investors.

Tata Consultancy Services (TCS)

TCS, one of India's leading IT services companies, has declared a second interim dividend of ₹11.00 per share. Here are the key details:

Based on TCS's total share count of 361 crore, the company could potentially disburse ₹3,979.00 crore to its shareholders.

Elecon Engineering

Elecon Engineering, a leading manufacturer of material handling equipment, has also announced an interim dividend. The company's announcement comes on the heels of a strong financial performance in the July-September quarter.

Anand Rathi Wealth

Anand Rathi Wealth , a wealth management firm, has set October 17 as the record date for its interim dividend. The company's board is scheduled to meet on October 13 to finalize the dividend details.

Implications for Investors

Under India's T+1 settlement cycle, investors must purchase shares before the record date to qualify for dividend payments. This means that for TCS, the last day to buy shares and be eligible for the dividend would be October 13 (considering October 14 is a Saturday). For Elecon Engineering, it would be October 13, and for Anand Rathi Wealth, October 16.

These dividend announcements provide an opportunity for income-focused investors to potentially benefit from the payouts. However, it's important to note that stock prices often adjust post-dividend, and investment decisions should be based on comprehensive analysis rather than dividend announcements alone.

Investors are advised to conduct their own research and consider their financial goals before making investment decisions.