The dealer’s consumer base elevated 55.5 p.c yr on yr to 1.95 crore. Its share in India’s demat account base improved 241 foundation factors to 14 p.c.
Angel One on January 15 stated its consolidated internet revenue for the quarter ended December 2023 rose 14.16 p.c year-on-year to Rs 260.3 crore. The corporate had reported a internet revenue of Rs 228 crore in the identical quarter final yr.
Its income from operations stood at Rs 1,059 crore, registering a development of 41.86 p.c from Rs 7,486 crore within the corresponding quarter final yr, in line with an trade submitting.
The Board of the corporate declared a 3rd interim dividend for FY24 on the charge of Rs 12.70 per share. The dividend to be distributed is equal to 41 p.c of consolidated revenue after tax for the quarter. The document date for figuring out eligibility of shareholders for fee of the dividend shall be Tuesday January 23, 2024. The dividend shall be paid on or earlier than February 14, 2024.
The dealer’s consumer base elevated 55.5 p.c yr on yr to 1.95 crore. Its share in India’s demat account base improved 241 foundation factors to 14 p.c.
“Our digital property are repeatedly evolving, enriched with progressive options to make sure an unparalleled investing expertise. We undertook course of enhancements, to ease the onboarding expertise and integrated some distinctive options, for each new and skilled shoppers, thus simplifying their funding journey on the app,” stated Dinesh Thakkar, Chairman & Managing Director, Angel One.
“A sworn statement to the effectiveness of our Tremendous App technique, is clearly seen from our accomplishment in distributing Mutual Funds, as we proceed to be India’s second largest participant for incremental registered SIPs.”
