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Angel One Soars: Profit Doubles Amidst Trading Boom
16 Jul
Summary
- Consolidated profit after tax more than doubled to Rs 231.4 crore in Q1 FY27.
- Total client base grew nearly 19% year-on-year to 3.86 crore.
- Average client funding book reached a record Rs 6,140 crore, up 46%.
Angel One Ltd. announced a substantial increase in its consolidated profit after tax for the first quarter of the fiscal year 2027, reaching Rs 231.4 crore. This represents a more than two-fold rise compared to the Rs 114.5 crore reported in the same period last year.
The fintech and stock broking firm experienced robust trading volumes and increased retail client participation, contributing to its financial success. Total income for the April-June quarter rose by 25.4% year-on-year to Rs 1,434 crore.
Angel One's total client base grew to 3.86 crore, an increase of nearly 19% from the previous year. The average client funding book in its credit business hit a record Rs 6,140 crore, up by 46% year-on-year.
Additionally, the asset management business saw its AUM climb to Rs 620 crore by the end of June 2026. The board declared an interim dividend of Re 1 per equity share.
