Angel One reported EBITDA margin at 44.4% during Q2FY25, higher than 42.3% posted a year ago. Dinesh Thakkar, CMD at Angel One said this was the 'best-ever' performance across financial and operational metrics.
Thakkar also felt pessimism about the broking industry, as reflected in the underperformance of broking stocks, may be overdone.
The willingness to change is one of the factors that has helped Angel One rise to the top long after rivals and even well-wishers had written off Dinesh Thakkar as an also-ran.
It was an unfortunate day on Wednesday but we are evolving well. In the coming days, we will be able to create better systems to give a seamless experience to the investors and people who are participating in the activities at the exchange, says Thakkar.
Rupee weakness to persist until major steps by policymakers, says Mr. Dinesh Thakkar, CMD - Angel Broking.
Overall markets have all the levers to provide healthy returns in the medium to long-term, says Dinesh Thakkar, chairman & MD, Angel Broking
Once a minor irritant, now the Maharashtra government has proposed to double stamp duty on equity transactions. Deena Mehta, MD, Asit C Mehta Investments and Dinesh Thakkar, Chairman & Managing Director, Angel Broking, debated on this topic with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee.