Hot Pursuit     05-Jul-24
Angel One client base climbs 64% YoY in Jun'24
Angel One announced that its client base jumped 64.2% to 24.72 million in June 2024 as against 15.06 million recorded in June 2023.
On month on month (MoM) basis, the brokerage firm's client base grew by 3.7% in June 2024 from 23.83 million posted in May 2024.

Gross client acquisition stood at 0.94 million in June 2024, registering a growth of 96.9% over June 2023 and up by 6.3% over May 2024.

Angel's overall average daily turnover (ADTO) was at Rs 45,74,200 crore in June 2024, up 4.43% MoM and up 90.2% YoY. The company's ADTO from the F&O segment stood at Rs 45,11,200 crore in June 2024 (up 4.4% MoM and up 90.9% YoY).

ADTO from the cash segment was at Rs 10,600 crore (up 27.8% MoM while up 186.4% YoY) and ADTO from the commodity segment stood at Rs 52,400 crore (up 3.6% MoM and up 87.3% YoY) in June 2024.

Gross client acquisition stood at 2.58 million in Q1 FY25, down 10.5% over Q4 FY24 and up 94.8% over Q1 FY24.

Angel's overall average daily turnover (ADTO) was at Rs 43,78,100 crore in Q1 FY25, down 1.3% QoQ and up 92.7% YoY. The company's ADTO from the F&O segment stood at Rs 43,19,800 crore in Q1 FY25 (down 1.5% QoQ and up 93.3% YoY).

ADTO from the cash segment was at Rs 8,800 crore, up 16.3% QoQ and up 164.3% YoY, and ADTO from the commodity segment stood at Rs 49,400 crore, up 35.2% QoQ and up 101% YoY in first quarter of 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 brokerage firm’s consolidated net profit grew by 27.34% to Rs 339.95 crore on 63.46% jump in total income to Rs 1,358.54 crore in Q4 FY24 over Q4 FY23.

The scrip rose 0.54% to currently trade at Rs 2,354.90 on the BSE.

Previous News
  Sensex, Nifty pare losses; Nifty climbs above 24,000
 ( Market Commentary - Mid-Session 05-Nov-24   13:32 )
  Barometers trade near flatline; realty shares slide
 ( Market Commentary - Mid-Session 05-Nov-24   10:38 )
  Angel One rises as client base climbs 56% YoY in Nov’24
 ( Hot Pursuit - 06-Dec-24   12:04 )
  Angel One business performance update for Nov'24
 ( Corporate News - 06-Dec-24   10:13 )
  Jai Corp Ltd leads losers in 'A' group
 ( Hot Pursuit - 16-Dec-24   15:00 )
  Market at day’s high; VIX climbs 3.96%; realty shares advance
 ( Market Commentary - Mid-Session 18-Apr-24   12:37 )
  Angel One rises as Q4 PAT jumps 27% YoY to Rs 340 cr
 ( Hot Pursuit - 18-Apr-24   10:44 )
  Angle One's client base increases to 23.83 million in May'24
 ( Corporate News - 05-Jun-24   09:24 )
  Angel One rises as client base climbs 63% YoY in May
 ( Hot Pursuit - 05-Jun-24   10:28 )
  Angel One consolidated net profit rises 14.17% in the December 2023 quarter
 ( Results - Announcements 15-Jan-24   18:43 )
  Angel One announces resignation of Chief Compliance Officer
 ( Corporate News - 24-Oct-24   16:28 )
Other Stories
  Jubilant FoodWorks drops after Q3 PAT slumps 24% YoY to Rs 496 cr
  12-Feb-25   15:57
  Reliance Industries hits 14-month low; down over 5% in four sessions
  12-Feb-25   15:51
  P&G Health gains as Q3 PAT jumps 26% YoY to Rs 91 cr; declares interim dividend of Rs 80/share
  12-Feb-25   15:45
  Campus Activewear spurts after Q3 PAT climbs 87% YoY to Rs 46 cr
  12-Feb-25   15:13
  Gensol Engineering Ltd leads losers in 'A' group
  12-Feb-25   15:00
  Pearl Global rallies after strong Q3 numbers
  12-Feb-25   14:53
  Patel Engg climbs after Q3 PAT jumps 14% YoY to Rs 80 cr
  12-Feb-25   14:52
  WPIL Ltd leads losers in 'B' group
  12-Feb-25   14:45
  Crisil Ratings assigns 'A+' rating to bank facilities of Acme Solar Holdings
  12-Feb-25   14:44
  Ashok Leyland soars after strong Q3 outcome
  12-Feb-25   14:34
Back Top