Categories AlphaGraphs, Earnings

Angel One Ltd Q2FY24; 42% rise in Profits

Company Description:

Angel One Ltd is a diversified financial services company and is primarily engaged in the business of stock, commodity and currency broking, institutional broking, providing margin trading facility, depository services and distribution of mutual funds, lending as a NBFC and corporate agents if insurance companies.

Financial Results:

Angel One Ltd reported Revenues for Q2FY24 of ₹1,048.00 Crores up from ₹745.00 Crore year on year, a rise of 40.67%.

Total Expenses for Q2FY24 of ₹641.00 Crores up from ₹460.00 Crores year on year, a rise of 39.35%.

Consolidated Net Profit of ₹304.00 Crores up 42.06% from ₹214.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹36.30, up 41.63% from ₹25.63 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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