Angel One Limited — Updates, 13-01-2025: Press Release

During Q3 FY25, Angel One Limited reported a total income of ₹12,638 mn, reflecting a 16.6% decline quarter-on-quarter (QoQ). The company's profit after tax (PAT) stood at ₹2,815 mn, down 33.5% QoQ. Client acquisition metrics showed a total client base of 29.5 million, a 7.4% increase QoQ, with 2.1 million new clients added, marking a 30.3% drop QoQ. The active client base reached 7.8 million, reflecting a QoQ increase of 5.5% and an annual growth of 45.2%.

Despite the downturn in revenues and profitability, the Chairman emphasized that market growth remains favorable, aided by increasing confidence among retail investors. The launch of the beta version of the insurance journey on the SuperApp and regulatory approvals for mutual funds and portfolio management services are expected to advance their position as a comprehensive financial services provider. The Board approved a dividend of ₹11 per share, representing approximately 35% of consolidated profit after tax. Angel One's digital platform innovations are positioned for future growth, suggesting a positive outlook for the upcoming quarters amidst current challenges.