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Hot Pursuit News

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(16 Jul 2024, 10:39)

Angel One Q1 PAT rises 32% YoY to Rs 293 cr in FY25

Angel One reported 32.56% jump in consolidated net profit (from continuing operations) to Rs 292.73 crore in Q1 FY25 as against Rs 220.82 crore recorded in Q1 FY24.


Revenue from operations jumped 74.05% YoY to Rs 1,405.45 crore in Q1 FY25.

On quarter on quarter (QoQ) basis, the company’s net profit declined 13.88% and total income grew 3.79% in Q1 FY25.

Total income climbed 73.85% to Rs 1,410.1 crore in Q1 FY25 from Rs 811.07 crore recorded in the corresponding quarter previous year.

Profit before tax (PBT) was at Rs 396.83 crore during the quarter, registering a growth of 33.74% YoY, while 13.50% declined QoQ.

Consolidated earnings before depreciation, amortization, & taxes (EBDAT) in Q1FY24 stood at Rs 419.40 crore (up 37.23% YoY and down 11.79% QoQ). EBDAT margin came in at 32% in Q1 FY25 as compared to 47% recorded in Q1 FY24 and 39% posted in Q4 FY24.

During the quarter, 2.6 million clients added, up 94.8% YoY and down 10.5% ...

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