Business Update15 Oct 2024, 12:05 am
Angel One Ltd Achieves Best-Ever Performance in Q2 FY25 with 19.3% Share in Retail Equity Turnover
AI Summary
Angel One Ltd, the largest listed retail stock broking house in India, announced its un-audited consolidated financial results for the quarter and half year ended 30th September 2024. The company reported a 7.5% growth in consolidated total gross revenues and a 42.5% growth in consolidated EBDAT. The client base stood at 27.5 million, a growth of 11.2% on a quarter-over-quarter basis. The company also went live with the distribution of credit products and fixed deposits on its platform, and continues to witness growing uptake of mutual funds through its platform.
Key Highlights
- Angel One Ltd achieved a 19.3% share in overall retail equity turnover in Q2 FY25.
- The company reported a 7.5% growth in consolidated total gross revenues and a 42.5% growth in consolidated EBDAT.
- The client base stood at 27.5 million, a growth of 11.2% on a quarter-over-quarter basis.
- The company went live with the distribution of credit products and fixed deposits on its platform.
- Angel One Ltd continues to witness growing uptake of mutual funds through its platform.