Angel One Limited (BSE: 543235) (NSE: ANGELONE) has announced its unaudited financial results for the second quarter and half-year ending September 30, 2024, showcasing strong growth across its key business metrics.
Angel One Q2 Results: Net profit jumps 39.06% YoY to ₹423.38 crore, revenue at ₹1,514.71 crore
Financial Highlights:
- Total Income: ₹15,160 million, up 8% quarter-on-quarter (QoQ) from ₹14,101 million in Q1 FY25.
- EBIDTA: ₹5,977 million, a 42% QoQ rise from ₹4,194 million in the previous quarter.
- Profit After Tax (PAT): ₹4,234 million, up 45% QoQ from ₹2,927 million in Q1 FY25.
Key Client Acquisition Metrics:
- Total Client Base: Reached 27.5 million, marking an 11.2% QoQ increase and a significant 61% year-on-year (YoY) growth.
- Gross Client Acquisition: Added 3.0 million new clients, up 15.9% QoQ and 41.3% YoY.
- Share in India’s Demat Accounts: Increased to 15.7%, reflecting a 44 basis points (bps) QoQ rise and a 251 bps increase YoY.
Active Client Metrics:
- NSE Active Client Base: Grew to 7.4 million, a 9.6% QoQ increase and a 51.4% YoY surge.
- Rank in Incremental NSE Active Client: Maintained the 2nd position in incremental NSE active clients.
- Share in NSE Active Clients: Increased to 15.4%, a 19 bps rise QoQ and a 79 bps increase YoY.
Transaction Metrics:
- Number of Orders: Processed 489 million orders, a 5.8% QoQ rise and 44.5% YoY growth.
- Average Daily Turnover: Reached ₹45.4 trillion, a 3.7% QoQ increase and a significant 53.2% YoY rise.
- Share in Retail Overall Equity Turnover: Stood at 19.3%, a 42 bps increase QoQ and 282 bps rise YoY.
Ahmedabad Plane Crash