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Choice International PAT Jumps 50% to ₹48 Cr in Q1, Revenue up 16%

It had posted a net profit of ₹32 crore in the same period last year. Its revenue for the quarter rose by 16% year-on-year to ₹237.95 crore with stock broking contributing 60%, followed by advisory at 24% and NBFC segment at 16%

Choice International
Choice International Choice International

Financial services company Choice International on Monday reported a 50% rise in its consolidated profit after tax to ₹47.96 crore for the quarter ended on June 30, 2025, driven by broad-based growth across its business verticals and operational efficiency.

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It had posted a net profit of ₹32 crore in the same period last year. Its revenue for the quarter rose by 16% year-on-year to ₹237.95 crore with stock broking contributing 60%, followed by advisory at 24% and NBFC segment at 16%, the Mumbai-based company said in a regulatory filing.

The company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew by 49.06% to ₹86.80 crore.

On a sequential basis, both revenue and profit declined compared to the March quarter.

The number of demat accounts rose 29% year-on-year to 11.5 lakh, while client assets under stock broking stood at ₹47,800 crore, a 16% jump. The wealth business showed momentum with assets under management growing 443% to ₹4,769 crore.

The company's NBFC segment reported a total loan book of ₹745 crore, of which retail loans stood at ₹596 crore. Net non-performing assets stood at 2.25% as of June 30, 2025.

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The company secured government advisory projects worth ₹130 crore during the quarter, while its total advisory order book stood at ₹586 crore.

"This quarter witnessed encouraging progress across all business segments, driven by our focus on operational excellence and a customer-first approach.

"Notably, our branch footprint expanded to 208 locations from 149 a year ago, underscoring our commitment to strengthening our presence and enhancing accessibility across India," Kamal Poddar, Managing Director at Choice International, said.

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