14-Oct-2026 12:00:50

Anand Rathi Share & Stock Brokers falls 6% as Q2 margin contracts 423 bps
Anand Rathi Share and Stock Brokers shares fell around 6% to ₹512 on Wednesday, October 14, despite the company reporting Q2 FY27 consolidated net profit up 50% year on year to ₹41.94 crore and revenue up more than 20% to ₹273 crore. Operating expenses rose 14% to ₹216 crore, with employee benefit costs up 31%. EBITDA margin narrowed by 423 basis points to 36.5%, the margin pressure cited as weighing on investor sentiment.