Angel One shares to remain in focus on Tuesday, January 14, after the company reported an 8% year-on-year (YoY) jump in its December quarter consolidated net profit to Rs 281.47 crore, compared to Rs 260.31 crore reported in the same period last year.
The revenue from operations in Q3FY25 stood at Rs 1,262.20 crore, a 19.2% increase over Rs 1,059.04 crore posted in the corresponding quarter of the previous financial year.
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 for January 21, 2025, and the dividend will be paid on or before February 12, 2024, according to the company's filing.
On a sequential basis, Angel One's net profit was down 33.5% from Rs 423.38 crore. Total revenue from operations also saw a 17% quarter-on-quarter decline, compared to Rs 1,514.70 crore in the July-September quarter.
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