Angel One Q1 Results Profit After Tax Rises to ₹292.74 Crore with Increased Total Income

Angel One Q1 Results 2024-2025: Angel One announced their Q1 financial results for the fiscal year 2024-2025 on July 15, 2024. The company reported a decline in revenue by 1.8% year-over-year (YoY), with total revenue from operations at ₹14,054.54 million compared to ₹14,291.63 million in the same quarter last year.

Despite this decrease, the firm saw a 5.7% increase in other income, rising from ₹46.14 million to ₹48.72 million YoY. Additionally, the profit before tax (PBT) fell by 13.5% YoY, from ₹4,587.86 million to ₹3,968.34 million, reflecting a challenging quarter for the company.

In terms of expenses, Angel One experienced a 12.6% increase YoY, with total expenses reaching ₹10,132.34 million compared to ₹8,997.51 million in Q1 of the previous fiscal year.

On a quarter-over-quarter (QoQ) basis, the results show a slight improvement in net profit, which grew by 5.6% QoQ from ₹2,773.92 million in Q4 2023-2024 to ₹2,927.38 million for Q1 2024-2025. The earnings per share (EPS) from continuing operations also saw a decrease of 19.5% YoY, falling from ₹40.48 to ₹32.55.

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Angel One Q1 Results 2024-2025

Here is a summary of Angel One's Q1 results for 2024-2025:

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Angel One Current Market Overview

Angel One is currently trading at ₹2,377 per share, down by 1.55% as of September 9, 2024. The company has a market capitalization of ₹21,425 crore and its stock has fluctuated between ₹3,900 and ₹1,651 over the past year.

With a Price-to-Earnings (P/E) ratio of 17.9, a Book Value of ₹362, and a Dividend Yield of 1.47%, Angel One is showing strong financial health. The company's Return on Capital Employed (ROCE) is 38.7%, and its Return on Equity (ROE) is 43.3%, reflecting solid profitability and efficient use of resources.

Quarterly Results

Here is a summary of Angel One’s quarterly results for the recent periods:

About Angel One

Angel One, formerly known as Angel Broking, is a prominent Indian stockbroker established in 1996. Based in Mumbai, the company operates as a member of major Indian stock exchanges, including the Bombay Stock Exchange and the National Stock Exchange of India. It also participates in commodity and derivatives exchanges and is a depository participant with Central Depository Services (CDSL).

Angel One offers a range of financial services, including stockbroking, advisory, and wealth management, catering to individual investors and institutions across India. With a strong presence in the financial sector, the company aims to provide accessible and efficient trading solutions to its clients.

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