Revenue from operations jumped 19.2% YoY to Rs 1,262.21 crore in the quarter ended 31 December 2024. Total income rose 19.1% to Rs 1263.80 crore in Q3 FY25 from Rs 1,060.84 crore recorded in the corresponding quarter previous year. On quarter on quarter (QoQ) basis, the company's net profit and total income dropped 33.5% and 16.6% respectively in Q3 FY25. Profit before tax (PBT) for the quarter stood at Rs 387.32 crore, registering (YoY) growth of 10.3%, but a (QoQ) decline of 32.2%. Consolidated earnings before depreciation, amortization, & taxes (EBDAT) in Q3 FY25 stood at Rs 414 crore (up 14% YoY and down 31% QoQ). EBDAT margin came in at 42% in Q3 FY25 as compared to 49.9% recorded in Q2 FY25 and 44% posted in Q3 FY24. During the quarter, the company added 2.1 million clients, marking a 30.3% decrease compared to the previous quarter. However, its total client base grew to 29.5 million, representing a 7.4% increase quarter-on-quarter. On a notional basis, the average daily turnover (ADTO) for Q3 FY25 was Rs 40,00,000 crore, representing a decline of 11.8% compared to the previous quarter. Dinesh Thakkar, chairman & managing director, said, 'India's capital market remains on a growth trajectory, reflecting increasing trust among retail investors. The evolving regulatory landscape has fostered greater client confidence, ensuring long-term retention and participation. While a few regulations introduced this quarter caused a temporary industry-wide impact, we are confident that our aggressive client acquisition strategy, coupled with the normalisation of client activity, will drive renewed growth momentum in the coming quarters. We continued to investin the SuperApp, which is becoming the preferred digital product for clients. This quarter, we launched the beta version of the insurance journey on the SuperApp, further strengthening our client relationships. We also secured regulatory approvals to launch our mutual fund and portfolio management services under Angel One Asset Management Ltd. and Angel One Wealth Ltd., respectively, advancing our transformation into a comprehensive non-banking financial services platform. Our focus remains on achieving sustainable growth while maintaining strong controls over unit economics. Our digital model enables economies of scale with superior LTVs, allowing us to sustain robust profitability metrics in a dynamic external environment.' Meanwhile, the company's board has declared the first interim dividend for the financial year 2024-25 at the rate of Rs 11 per share on equity shares with a face value of Rs 10 per share, as of the record date. The record date for determining shareholder eligibility for the interim dividend, as declared by the Board of Directors, will be Tuesday, 21 January 2025. The dividend will be paid on or before 12 February 2025. Additionally, the company's board has appointed Ambarish Kenghe as the Group Chief Executive Officer and Key Managerial Personnel, effective on or before 06 March 2025. Angel One is the largest listed retail stock broking house in India, in terms of active clients on NSE. The company provides broking and advisory services, margin funding, loans against shares and distribution of third-party financial products to its clients. The broking and allied services are offered through online and digital platforms and network of authorized persons. The scrip declined 2.54% to Rs 2,381.95 on the BSE. Powered by Capital Market - Live

Net profit of Angel One rose 8.13% to Rs 281.47 crore in the quarter ended December 2024 as against Rs 260.31 crore during the previous quarter ended December 2023. Sales rose 19.18% to Rs 1262.21 crore in the quarter ended December 2024 as against Rs 1059.05 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1262.211059.05 19 OPM %39.2937.58 - PBDT414.00364.14 14 PBT387.33351.04 10 NP281.47260.31 8 Powered by Capital Market - Live

Angel One announced that the Board of Directors of the Company at its meeting held on 13 January 2025, inter alia, have recommended the 1st interim dividend of Rs 11 per equity Share (i.e. 110%) , subject to the approval of the shareholders.Powered by Capital Market - Live

On sequential basis, the company's client base increased 2.6% in December 2024 from 28.78 million posted in November 2024. Gross client acquisition stood at 0.78 million in December 2024, registering growth of 29.3% MoM and de-growth of 25.9% YoY. Angel's overall average daily turnover (ADTO) was at Rs 29,01,700 crore in December 2024, down 32% MoM and down 30.9% YoY. The ADTO from F&O segment stood at Rs 28,31,000 crore in December 2024, down 32.4% MoM and up 31.8% YoY. ADTO from cash segment was at Rs 7,400 crore (up 4.4% MoM and up 3.4% YoY) and ADTO commodity segment stood at Rs 63,400 crore (down 12.5% MoM and up 89.6% YoY) in December 2024. Angel One is the largest listed retail stock broking house in India, in terms of active clients on NSE. The company provides broking and advisory services, margin funding, loans against shares and distribution of third-party financial products to its clients. The broking and allied services are offered through online and digital platforms and network of authorized persons. The brokerage firm reported 39.05% increase in consolidated net profit to Rs 423.38 crore on 44.55% jump in revenue from operations to Rs 1,514.70 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Angel One's client base rose to 29.52 million in month of December 2024, recording a MoM growth of 2.6% and YoY growth of 51.7%. Average client funding book rose to Rs 4,072 crore in December 2024, recording a MoM growth of 2.7% and YoY growth of 121.5%. Overall average daily turnover (ADTO) stood at Rs 29,01,700 crore in December 2024, recording a MoM decline of 32% and YoY decline of 30.9%. ADTO in F&O segment stood at Rs 28,31,000 crore in December 2024, recording a MoM decline of 32.4% and YoY decline of 31.8%. Cash ADTO stood at Rs 7,400 crore in December 2024, recording a MoM growth of 4.4% and YoY growth of 3.4%. Commodity ADTO stood at Rs 63,400 in December 2024, recording a MoM decline of 12.5% and YoY growth of 89.6%. Powered by Capital Market - Live

Angel One has allotted 2608 equity shares of the Company of face value of Rs. 10 each to the eligible employees of the Company pursuant to exercise under Angel Broking Employee Long Term Incentive Plan 2021. Consequent to the said allotment, the issued, subscribed, and paid-up capital of the Company stands at Rs. 9,02,50,751 comprising of 90,25,07,510 equity shares of face value of Rs. 10 each. Powered by Capital Market - Live

Angel One will hold a meeting of the Board of Directors of the Company on 13 January 2025.Powered by Capital Market - Live

On sequential basis, the company's client base increased 2% in November 2024 from 28.22 million posted in October 2024. Gross client acquisition stood at 0.60 million in November 2024, registering de-growth of 14.6% MoM and 11.9% YoY. Angel's overall average daily turnover (ADTO) was at Rs 42,64,500 crore in November 2024, down 12% MoM and up 24.1% YoY. The ADTO from F&O segment stood at Rs 41,85,000 crore in November 2024, down 12.5% MoM and up 23.3% YoY. ADTO from cash segment was at Rs 7,100 crore (down 4.1% MoM while up 42.9% YoY) and ADTO commodity segment stood at Rs 72,400 crore (up 30.4% MoM and up 124.4% YoY) in November 2024. Angel One is the largest listed retail stock broking house in India, in terms of active clients on NSE. The company provides broking and advisory services, margin funding, loans against shares and distribution of third-party financial products to its clients. The broking and allied services are offered through online and digital platforms and network of authorized persons. The brokerage firm reported 39.05% increase in consolidated net profit to Rs 423.38 crore on 44.55% jump in revenue from operations to Rs 1,514.70 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Angel One announced the key business parameters for the month of November 2024:  Particulars  Nov'24 % MoM growth  % YoY growth     Client Base (million) 28.78  2%  56%    Avg Client Funding Book (Rs crore) 3.96  -3.7%  113.8%   Overall average daily turnover (Rs crore) 42,64,500  -12%  24.1%    F&O average daily turnover (Rs crore) 41,85,000  -12.5%  23.3%    Cash average daily turnover (Rs crore) 7,100  -4.1%  42.9%    Commodity average daily turnover (Rs crore) 72,400  30.4%  124.4%  Powered by Capital Market - Live

Angel One said that this approval marks its entry into the asset management space, focusing exclusively on passive investment solutions. Angel One Mutual Fund's passive investment products (i.e., index funds and ETFs) will be designed to offer clients a low-cost, transparent, and accessible pathway to wealth creation. The brokerage firm said, 'As passive investing continues to gain traction, Angel One Mutual Fund's commitment to this approach addresses the rising demand from clients seeking simplicity and cost-efficiency in their portfolios.' Dinesh Thakkar, chairman and managing director, Angel One, said, We are thrilled to receive SEBI's approval for commencing our mutual fund business, signifying a pivotal moment in our journey. This license enables us to augment our offerings and better serve our clients. With a robust technological infrastructure and a deep understanding of client needs, we are poised to transform the passive investing space in India. Our focus on passive investing through ETF & Index Fund products reflects our commitment to making financial products more accessible, affordable, and transparent for all. We believe this will empower a new generation of investors and enable them to participate in India's growth story. We are excited about the opportunities ahead and look forward to helping our clients achieve their financial goals.' Hemen Bhatia, executive director and CEO, Angel One AMC, commented, 'The mutual fund license signifies an exciting new chapter for the Group. As the asset management industry in India experiences rapid growth in passive investing, ETFs & index funds are increasingly being embraced by both retail and institutional investors. With deep domain expertise in passive products, Angel One AMC is poised to make long-term investing more accessible to every Indian. Through our ETFs and index funds, we aim to offer user-friendly, easy to understand wealth creating products to a growing base of retail investors across the country. I am confident that Angel One AMC will play a pivotal role in achieving the Group's north star'empowering a billion lives. Angel One is the largest listed retail stock broking house in India, in terms of active clients on NSE. The company provides broking and advisory services, margin funding, loans against shares and distribution of third-party financial products to its clients. The broking and allied services are offered through online and digital platforms and network of authorized persons. The brokerage firm reported a 39.05% increase in consolidated net profit to Rs 423.38 crore on a 44.55% jump in revenue from operations to Rs 1,514.70 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live