Angel One Net Profit Jumps 58.2% To ₹335 Crore In Q2 FY27; Total Users Reach 4 Crore
Mumbai: Angel One Limited reported a significant rise in its consolidated net profit for the second quarter of fiscal year 2027, with the figure reaching ₹335 crore. This represents a 58.2% increase compared to the same period in the previous fiscal year, the company said. Revenue Growth Consolidated total gross revenues for Q2 FY27 stood at ₹1,431.5 crore, up 18.9% year-on-year. Standalone gross…
Mumbai: Angel One Limited's net profit surged by 58.2% to ₹335 crore in the second quarter of fiscal year 2027, compared to the same period a year ago. Total revenues climbed 18.9% to ₹1,431.5 crore, while EBDAT surged 52% to ₹493.3 crore, with a margin expanding by 1,064 basis points to 45.1%. As of Q2 FY27, the firm had amassed 4 crore users, marking a 17.3% year-on-year increase.
The company also acquired 15 lakh new users. Asset Under Management reached ₹16,000 crore, a 160.5% rise year-on-year, and the average client funding book expanded by 40.5% to ₹7,450 crore. Orders increased 1.7% to 36.6 crore, with equity derivatives making up 25.6 crore, cash orders 6.6 crore, and commodities 4.5 crore. Angel One declared its 4th interim dividend for FY23, holding a 19.7% share in retail equity turnover, up to 22.1% in equity derivatives.
Chairman and Managing Director Dinesh Thakkar and Group CEO Ambarish Kenghe commented on the company's resilience and future outlook.
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