Sequential growth in profit and income offset YoY softness due to broking volume and regulatory headwinds.

• Revenue rose 19% QoQ, driven by strong other income; total expenses increased only moderately, aiding profitability.
• Net profit jumped 37% QoQ; YoY profit dipped 4% despite a 1524% rise in other income.
• Distribution AUM and DP assets saw double-digit growth; broking volumes fell 31% YoY due to regulatory shifts.