Angel One Limited — Important, 04-07-2025: Monthly Business Updates

Angel One reported a 4.7% QoQ rise in its client base to 32.47 million, though gross client acquisition declined 4.4% QoQ to 1.55 million. The average client funding book grew 4.3% QoQ to Rs. 42.06 billion, hitting an all-time high. Total orders increased 4.8% QoQ to 343.11 million, with average daily orders up 6.5%. Mutual fund SIP registrations inched up 0.9% QoQ. Overall average daily turnover (ADTO) rose 11.7% QoQ to Rs. 35,888 billion, supported by 24.7% growth in cash ADTO and 25.8% growth in commodity ADTO. Retail cash turnover market share improved by 46 bps to 18%.