Apart from the above, companies like Artson Engineering, Balu Forge Industries, Fabino Enterprises, Gold Coin Health, Gravita India, HDFCL, Jana SFB, Mahindra Logistics, Julien Agro Infratech, IEL, Nelco and a few others will declare their quarterly results.
360 One Wam Q2 expectation
The company is expected to report a profit growth of 31% year-on-year, while revenues may grow 33% year-on-year, according to Kotak Equities.
“We expect 30% YoY PAT growth as recurring revenue growth (30% YoY) and transactional income (45% YoY) is offset by higher expenses (30% YoY). Yields in the recurring business will likely to be stable QoQ. The cost-income ratio to remain elevated (46%),” the brokerage said.
Analysts also see recurring AUM to growing 8% QoQ in 2QFY25, with supportive markets and stable flow momentum.
360 One Wam is engaged in the distribution of various financial products and advising clients on wealth management through mutual fund and alternative investment fund platform, which entails internal research of investment products, sectors, and markets.Its segments include wealth management and asset management. The wealth management segment comprises distribution of financial products, advisory, equity and debt broking, estate planning and managing financial products essentially in the nature of advisory.The segment also includes lending and investment activities which are complimentary to wealth management activities and largely provided to or arise from servicing its clients under wealth management.
The asset management segment generally comprises management of pooled funds under various products and structures. such as mutual funds, alternative asset funds, portfolio management and related activities.
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