Anand Rathi shares fall 6% despite 50% Q2 profit jump

Shares of Anand Rathi and Stock Brokers declined around 6% on Wednesday despite reporting a 50% YoY rise in Q2 FY27 net profit to ₹41.94 crore. Revenue from operations increased over 20% to ₹273 crore. However, operating expenses rose 14%, including a 31% increase in employee benefit costs, putting pressure on margins.