Angel One Q3 Results: PAT rises 8% YoY to Rs 281 crore. Rs 11 per share dividend announced
Angel One dividend
The company's board declared its first interim dividend for the financial year 2024-25 at Rs 11 per share. The record date has been set on January 21, 2025. The dividend will be paid on or before February 12, 2024, the company filing said.
Angel One QoQ earnings
On a sequential basis, Angel One's net profit was down 33.5% versus Rs 423.38 crore. As for the total revenues from operation, a 17% quarter-on-quarter decline was reported as against Rs 1,514.70 crore in the July-September quarter.
Business Metrics
Total client base at the end of the December quarter stood at 29.5 million which was a 7.4% QoQ growth. The number of active clients stood at 7.8 million on the NSE which was up 5.5% on a QoQ basis. The Gross Client Acquisition was reported at 2.1 million which was down by 30.3% QoQ.
The notional Average Daily Turnover stood at Rs 40 trillion, down by 11.8% QoQ. The company has 15.9% share in India’s Demat Accounts which was up by 26bps on a QoQ basis.
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