DATE: 27TH JANUARY, 2025

To
Manager - Listing Department
National Stock Exchange of India Ltd.
Exchange Plaza, Plot No. C/1, G Block,
Bandra-Kurla Complex, Bandra (E),
Mumbai-400051

REF: WEALTH FIRST PORTFOLIO MANAGERS LIMITED

SCRIP CODE: WEALTH

SUB: UN-AUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE

QUARTER AND NINE MONTHS ENDED ON 31ST DECEMBER, 2024 UNDER REGULATION 30
AND 33 OF SEBI (LISTING OBLIGATION AND DISCLOSURE REQUIREMENTS) REGULATIONS,
2015.

Dear Sir/Madam,

Pursuant to the Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosures
Requirements) Regulations, 2015, as amended from time to time, we would like to inform you that
the Board of Directors of the Company, at their meeting held on today i.e. Monday, 27th day of
January, 2025, have inter alia, considered, discussed and approved the Statement of Un-Audited
Standalone and Consolidated Financial Results of the Company for the quarter and nine months
period ended on 31st December, 2024 along with Limited Review Report issued by the Statutory
Auditors M/s Jaimin Deliwala & Co., Chartered Accountants (FRN: 103861W) which have been duly
reviewed and recommended by the Audit Committee.

In this regard, we are enclosing herewith the following:

i. Limited Review Report on Standalone Financial Results for the quarter and nine months
period ended on 31st December, 2024 issued by the Statutory Auditors, M/s Jaimin Deliwala
& Co., Chartered Accountants.
ii. Statement of Un-Audited Standalone Financial Results for the quarter and nine months
period ended on 31st December, 2024.
iii. Limited Review Report on Consolidated Financial Results for the quarter and nine months
period ended on 31st December, 2024 issued by the Statutory Auditors, M/s Jaimin Deliwala
& Co., Chartered Accountants.
iv. Statement of Un-Audited Consolidated Financial Results for the quarter and nine months
period ended on 31st December, 2024.

The results will be available on the website of Stock Exchange www.nseindia.com and on the
website of the Company www.wealth-firstonline.com.
The meeting was commenced at 04.30 P.M and concluded at 05.20 P.M.

You are requested to take the above on record.

Thanking you.

Yours faithfully,

FOR AND ON BEHALF OF WEALTH FIRST PORTFOLIO MANAGERS LIMITED

ASHISH Digitally signed
by ASHISH
NAVNITLA NAVNITLAL SHAH
Date: 2025.01.27
L SHAH 17:23:07 +05'30'

ASHISH SHAH
MANAGING DIRECTOR
DIN: 00089075

Encl: As above
 WEALTH FIRST PORTFOLIO MANAGERS LIMITED
CIN: L67120GJ2002PLC040636
Registered Office: "CAPITOL HOUSE", 10 PARAS - II, NEAR PRAHLADNAGAR GARDEN, AHMEDABAD - 380015.
Phone: +91 79 40240000, E mail: info@wealthfirst.biz, Website: www.wealth-firstonline.com

Part - 1
Standalone Unaudited Financial Results For The Quarter and Nine Months ended on 31.12.2024
All amount in Rs. Lacs unless otherwise stated
Quarter ended Nine months ended Year ended
Sr.
Particulars 31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024
No.
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1 Income
(a) Revenue from operations (i + ii): 1,578.37 1,947.18 1,497.51 5,558.07 3,969.72 5,385.38
i. Income from Trading Activities (foot
83.80 314.69 403.32 1,086.29 1,140.38 1,269.04
Note 1)
ii. Business Activity Income 1,494.57 1,632.49 1,094.19 4,471.78 2,829.34 4,116.34
(b) Other Income 96.91 402.49 135.08 594.23 670.63 1,262.94
Total Income 1,675.28 2,349.67 1,632.59 6,152.30 4,640.35 6,648.32
2 Expenses
(a) Employee benefits expense 211.90 295.25 212.22 668.54 630.64 811.94
(b) Finance Cost 3.23 1.00 0.01 5.58 0.05 4.81
(c) Depreciation and amortisation expense 9.21 8.85 9.41 25.85 26.63 36.74
(d) Rent 9.02 9.02 7.51 27.06 25.55 36.08
(e) Other expenses 106.63 81.09 61.57 284.11 209.34 260.02
Total expenses 339.99 395.20 290.71 1,011.14 892.22 1,149.59
Profit/(Loss) from operations before an
3 Exceptional and Extra ordinary items and Tax (1- 1,335.29 1,954.47 1,341.88 5,141.15 3,748.13 5,498.73
2)
4 Exceptional Items (See Note No. 10 Below) 150.59 - - 150.59 - -
Profit/(Loss) from ordinary activities before an
5 1,184.71 1,954.47 1,341.88 4,990.57 3,748.13 5,498.73
Extra Ordinary items and Tax (3 - 4)
6 Extra Ordinary Items - - - - - -
Profit/(Loss) from ordinary activities before tax
7 1,184.71 1,954.47 1,341.88 4,990.57 3,748.13 5,498.73
(5 - 6)
8 Tax Expense (net)
(a) Current tax 286.76 434.49 330.48 1,193.20 869.41 1,261.72
(b) Deffered tax - - - - - (0.61)
Total Tax Expenses 286.76 434.49 330.48 1,193.20 869.41 1,261.11
Net Profit(Loss) for the Period from continuing
9 897.95 1,519.98 1,011.40 3,797.37 2,878.72 4,237.62
operations
10 Other comprehensive income
(A) (i) Items that will not be reclassified to profit
(547.30) (264.76) 345.43 234.52 494.88 270.74
or loss
(ii) Income tax relating to items that will not be
- - - - - -
reclassified to profit or loss
11 Total Comprehensive Income for the period 350.65 1,255.21 1,356.83 4,031.89 3,373.60 4,508.36
12 Details of Equity share capital
(a) Paid up Equity Share capital 1,065.50 1,065.50 1,065.50 1,065.50 1,065.50 1,065.50
(b) face value of Equity share capital 10.00 10.00 10.00 10.00 10.00 10.00
13 Details of Debt Securities
(a) Paid up Debt capital - - - - - -
(b) face value of debt securities - - - - - -
Reserve excluding Revaluation Reserves as per
14 - 14,166.97 - - - 10,675.16
balance sheet of previous accounting year
15 Debentures redemption reserve - - - - - -
Earnings per share (before extra ordinary
16
items) (of Rs. 10 each) (not annualised):
(a) Basic 8.43 14.27 9.49 35.64 27.02 39.77
(b) Diluted 8.43 14.27 9.49 35.64 27.02 39.77
Earnings per share (after extra ordinary items)
17
(of Rs. 10 each) (not annualised):
(a) Basic 8.43 14.27 9.49 35.64 27.02 39.77
(b) Diluted 8.43 14.27 9.49 35.64 27.02 39.77
18 Debt Equity Ratio - - - - 0.44 0.06
19 Debt service coverage ratio - - - - - -
20 Interest Service Coverage Ratio - - - - - -
NOTES :
1 Revenue from Trading Activities
Quarter ended Nine months ended Year ended
Particulars 31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
Sales of Shares & Securities 56,400.14 71,696.53 22,658.74 1,62,496.59 51,686.53 80,620.80
Less: Purchase of Shares & Securities 57,384.81 71,971.37 22,643.16 1,64,661.18 52,945.50 82,738.85
Less: Change in Fair value of Stock (732.24) (849.64) (341.14) (3,183.85) (2,338.62) (3,329.79)
Income from Trading Activities (252.42) 574.80 356.72 1,019.26 1,079.66 1,211.75
Add / (less) : profit / (Loss) from Derivative
336.23 (260.11) 46.60 67.03 60.73 57.29
Activities
Net Income from Trading Activities 83.80 314.69 403.32 1,086.29 1,140.38 1,269.04

2 The above unaudited financial results are reviewed by the Audit Committee and have been approved by the Board of Directors at their meeting held on Monday, 27th January, 2025.

These standalone unaudited financial results have been prepared in accordance with the recognition and measurement principals laid down in Indian Accounting Standards 34 —
3 Interim Financial Reporting ("Ind AS 34") prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principal generally
accepted in India.
The Company's main business is of Broking Services, Distributor of MF & Govt. Securities Trading and all other activities revolve around the same. All activities of the Company are
4 carried out in India. As such there are no separate reportable segments as per the Indian Accounting Standard 108 (IND AS 108) on Operating Segments.
5 Figures have been re-grouped or re-classified, whereever necessary.
The figures for the quarter ended December 31, 2024 are the balancing figures between unaudited figures for nine months ended December 31, 2024 and unaudited figures in respect of
6
the half year ended ended September 30, 2024.
7 The above financial results are available on companies website www.wealth-firstonline.com and the stock exchange viz. www.nseindia.com

8 The reconciliation of net profit or loss reported in accordance with indian GAAP to total comprehensive income in accordance with IND AS is given below:
Quarter ended Nine months ended Year ended
Description 31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
Net profit / (Loss) as per India GAAP 897.95 1,519.98 1,011.40 3,797.37 2,878.72 4,237.62
Add: On account of unwinding of Interest - - - - - -
Add: Adjustment on account of Constructive
- - - - - -
obligation
Net Profit / (Loss) as per Ind AS 897.95 1,519.98 1,011.40 3,797.37 2,878.72 4,237.62
Add: Other Comprehensive Income (Net of Tax) (547.30) (264.76) 345.43 234.52 494.88 270.74
Total Comprehensive income / (Loss) 350.65 1,255.21 1,356.83 4,031.89 3,373.60 4,508.36

9 Calculation of EPS are as below:

Quarter ended Nine months ended Year ended

Earning Per Share 31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
Net profit after Tax 897.95 1,519.98 1,011.40 3,797.37 2,878.72 4,237.62
Basic (in rupee) 8.43 14.27 9.49 35.64 27.02 39.77
Weighted average number of share (Nos.) - Basic 1,06,55,000 1,06,55,000 1,06,55,000 1,06,55,000 1,06,55,000 1,06,55,000
Diluted (in rupee) 8.43 14.27 9.49 35.64 27.02 39.77
Weighted average number of share (Nos.) - Diluted 1,06,55,000 1,06,55,000 1,06,55,000 1,06,55,000 1,06,55,000 1,06,55,000
10 There was a cyber fraud perpetrated against the Company by third party during this quarter. The fraud amount was Rs. 1.98 cr. The Company had lodged the complaint with cyber crime
branch of police on the same day. On action taken by the police and on the basis of Court Order Dt. 20.12.2024 received from 23rd Addl. Chief Judicial Magistrate, Court No. 11,
Ahmedabad City, the Company is hopeful of recovering the amount of Rs. 47.41 lakhs. The Company had therefore written off the balance amount of Rs. 150.59 lakhs and had shown the
expense under the head of exceptional items.

FOR WEALTH FIRST PORTFOLIO MANAGERS LIMITED

ASHISH Digitally signed by
ASHISH NAVNITLAL
NAVNITLAL SHAH
Date: 2025.01.27
SHAH 17:23:29 +05'30'

ASHISH SHAH
MANAGING DIRECTOR
DIN: 00089075

Date: 27/01/2025
Place: Ahmedabad
 WEALTH FIRST PORTFOLIO MANAGERS LIMITED
CIN: L67120GJ2002PLC040636
Registered Office: "CAPITOL HOUSE", 10 PARAS - II, NEAR PRAHLADNAGAR GARDEN, AHMEDABAD - 380015.
Phone: +91 79 40240000, E mail: info@wealthfirst.biz, Website: www.wealth-firstonline.com

Part - 1
Consolidated Unaudited Financial Results For The Quarter and Nine Months ended on 31.12.2024

All amount in Rs. Lacs unless otherwise stated

Quarter ended Nine months ended Year ended
Sr.
Particulars 31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024
No.
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1 Income
(a) Revenue from operations (i + ii): 1,625.11 1,951.49 1,497.51 5,641.93 3,974.19 5,433.22
i. Income from Trading Activities (foot
80.47 319.00 403.32 1,120.08 1,141.62 1,270.27
Note 1)
ii. Business Activity Income 1,544.65 1,632.49 1,094.19 4,521.86 2,832.57 4,162.95
(b) Other Income 97.16 402.61 135.11 594.60 670.67 1,262.97
Total Income 1,722.27 2,354.10 1,632.62 6,236.53 4,644.86 6,696.19
2 Expenses
(a) Employee benefits expense 218.24 304.12 212.22 686.13 630.64 811.94
(b) Finance Cost 3.24 1.01 0.01 5.59 0.05 4.81
(c) Depreciation and amortisation expense 9.21 8.85 9.41 25.85 26.63 36.74
(d) Rent 9.02 9.02 7.51 27.06 25.55 36.08
(e) Other expenses 109.01 82.06 61.90 288.49 210.51 265.03
Total expenses 348.72 405.06 291.05 1,033.12 893.39 1,154.60
Profit/(Loss) from operations before an
3 Exceptional and Extra ordinary items and Tax 1,373.55 1,949.04 1,341.57 5,203.41 3,751.47 5,541.59
(1-2)
4 Exceptional Items (See Note No. 12 Below) 150.59 - - 150.59 - -

Profit/(Loss) from ordinary activities before

5 1,222.96 1,949.04 1,341.57 5,052.82 3,751.47 5,541.59
an Extra Ordinary items and Tax (3-4)
6 Extra Ordinary Items - - - - -
Profit/(Loss) from ordinary activities before
7 1,222.96 1,949.04 1,341.57 5,052.82 3,751.47 5,541.59
tax (5 - 6)
8 Tax Expense (net)
- Current tax 296.38 433.12 331.32 1,208.85 870.25 1,274.12
- Deffered tax - - - - - (0.61)
Total Tax Expenses 296.38 433.12 331.32 1,208.85 870.25 1,273.51
Net Profit(Loss) for the Period from continuing
9 926.58 1,515.92 1,010.25 3,843.97 2,881.22 4,268.08
operations
10 Share of profits(loss) of subsidiary* 38.27 (5.43) (0.51) 62.26 3.34 30.47
11 Total profit (loss) for period 926.58 1,515.92 1,010.25 3,843.97 2,881.22 4,268.08
12 Other comprehensive income
(A) (i) Items that will not be reclassified to profit
(562.20) (254.78) 345.43 241.89 494.88 278.50
or loss
(ii) Income tax relating to items that will not
- - - - - -
be reclassified to profit or loss
13 Total Comprehensive Income for the period 364.39 1,261.14 1,355.68 4,085.87 3,376.10 4,546.58
14 Details of Equity share capital
(a) Paid up Equity Share capital 1,065.50 1,065.50 1,065.50 1,065.50 1,065.50 1,065.50
(b) face value of Equity share capital 10.00 10.00 10.00 10.00 10.00 10.00
15 Details of Debt Securities
(a) Paid up Debt capital - - - - - -
(b) face value of debt securities - - - - - -
Reserve excluding Revaluation Reserves as per
16 - 14,218.97 - - - 10,761.54
balance sheet of previous accounting year
17 Debentures redemption reserve - - - - - -
Earnings per share (before extra ordinary
18
items) (of Rs. 10 each) (not annualised):
(a) Basic 8.70 14.23 9.48 36.08 27.04 40.06
(b) Diluted 8.70 14.23 9.48 36.08 27.04 40.06
Earnings per share (after extra ordinary
19
items) (of Rs. 10 each) (not annualised):
(a) Basic 8.70 14.23 9.48 36.08 27.04 40.06
(b) Diluted 8.70 14.23 9.48 36.08 27.04 40.06
20 Debt Equity Ratio - - - - 0.44 0.06
21 Debt service coverage ratio - - - - - -
22 Interest Service Coverage Ratio - - - - - -
NOTES :
1 Revenue from Trading Activities
Quarter ended Nine months ended Year ended
Particulars 31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
Sales of Shares & Securities 56,400.14 71,696.53 22,658.74 1,62,496.59 51,695.26 80,629.52
Less: Purchase of Shares & Securities 57,384.81 71,971.37 22,643.16 1,64,661.18 52,945.50 82,738.85
Less: Change in Fair value of Stock (728.90) (853.95) (341.14) (3,217.63) (2,331.14) (3,322.31)
Income from Trading Activities (255.76) 579.11 356.72 1,053.05 1,080.89 1,212.98
Add / (less) : profit / (Loss) from Derivative
336.23 (260.11) 46.60 67.03 60.73 57.29
Activities
Net Income from Trading Activities 80.47 319.00 403.32 1,120.08 1,141.62 1,270.27

The above unaudited financial results are reviewed by the Audit Committee and have been approved by the Board of Directors at their meeting held on Monday, 27th January,
2
2024.
These consolidated unaudited financial results have been prepared in accordance with the recognition and measurement principals laid down in Indian Accounting Standards
3 34 — Interim Financial Reporting ("Ind AS 34") prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting
principal generally accepted in India.

The Company's main business is of Broking Services, Distributor of MF & Govt. Securities Trading and all other activities revolve around the same. All activities of the
4
Company are carried out in India. As such there are no separate reportable segments as per the Indian Accounting Standard 108 (IND AS 108) on Operating Segments.

5 Figures have been re-grouped or re-classified, whereever necessary.

The figures for the quarter ended December 31, 2024 are the balancing figures between unaudited figures for the nine months ended ended December 31, 2024 and
6
unaudited figures in respect of the half year ended ended September 30, 2024.
7 The above financial results are available on companies website www.wealth-firstonline.com and the stock exchange viz. www.nseindia.com

8 The reconciliation of net profit or loss reported in accordance with indian GAAP to total comprehensive income in accordance with IND AS is given below:

Quarter ended Nine months ended Year ended

Description 31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
Net profit / (Loss) as per India GAAP 926.58 1,515.92 1,010.25 3,843.97 2,881.22 4,268.08
Add: On account of unwinding of Interest - - - - - -
Add: Adjustment on account of Constructive
- - - - - -
obligation
Net Profit / (Loss) as per Ind AS 926.58 1,515.92 1,010.25 3,843.97 2,881.22 4,268.08
Add: Other Comprehensive Income (Net of Tax) (562.20) (254.78) 345.43 241.89 494.88 278.50
Total Comprehensive income / (Loss) 364.39 1,261.14 1,355.68 4,085.87 3,376.10 4,546.58

9 Calculation of EPS are as below:

Quarter ended Nine months ended Year ended

Earning Per Share 31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
Net profit after Tax 926.58 1,515.92 1,010.25 3,843.97 2,881.22 4,268.08
Basic (in rupee) 8.70 14.23 9.48 36.08 27.04 40.06
Weighted average number of share (Nos.) - Basic 1,06,55,000 1,06,55,000 1,06,55,000 1,06,55,000 1,06,55,000 1,06,55,000
Diluted (in rupee) 8.70 14.23 9.48 36.08 27.04 40.06
Weighted average number of share (Nos.) - Diluted 1,06,55,000 1,06,55,000 1,06,55,000 1,06,55,000 1,06,55,000 1,06,55,000
* Effect of amount of Share of profit(loss) of subsidiary is already consolidated in above income and expenses. The amount mentioned in the Point 10 is for information
10
purpose only.
11 The Statement includes the results of the following entity:
i.Wealth First Investment Advisers Private Limited (Wholly-owned Subsidiary Company)
ii.Wealthshiled Insurance Brokers Private Limited (Wholly-owned Subsidiary Company)
12 There was a cyber fraud perpetrated against the Company by third party during this quarter. The fraud amount was Rs. 1.98 cr. The Company had lodged the complaint with
cyber crime branch of police on the same day. On action taken by the police and on the basis of Court Order Dt. 20.12.2024 received from 23rd Addl. Chief Judicial Magistrate,
Court No. 11, Ahmedabad City, the Company is hopeful of recovering the amount of Rs. 47.41 lakhs. The Company had therefore written off the balance amount of Rs. 150.59
lakhs and had shown the expense under the head of exceptional items.

FOR WEALTH FIRST PORTFOLIO MANAGERS LIMITED

ASHISH Digitally signed by
ASHISH NAVNITLAL
NAVNITLAL SHAH
Date: 2025.01.27
SHAH 17:23:55 +05'30'

ASHISH SHAH
MANAGING DIRECTOR
DIN: 00089075

Date: 27/01/2025
Place: Ahmedabad