Angel One net profit increases 32% to Rs 293 crore in Q1

The brokerage firm reported a 74 percent increase in consolidated revenue from operations YoY to Rs 1,405 crore in the April-to-June quarter.

Angel One reported a 32.57 percent increase in consolidated net profit to Rs 292.7 crore year-on-year (YoY) in Q1FY25.

The brokerage firm reported a 74 percent increase in consolidated revenue from operations YoY to Rs 1,405 crore in the April-to-June quarter.

The brokerage firm's total client base increased 64.2 percent to 2.47 crore YoY during the quarter.

While its share in India’s demat accounts increased to 15.2 percent by 274 basis points YoY.

"Growing client base to nearly 25 million, sustained healthy order run rate at over 460 million, high average daily turnover at nearly Rs 44 trillion, expanding share in India’s demat accounts, NSE active client base and overall retail equity turnover reflects the strength of our platform and its execution capabilities," said Dinesh Thakkar, chairman and managing director of Angel One.

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