Gross client acquisition stood at 0.73 million in August 2023 as compared with 0.61 million in July 2023 (up 19%) and 0.44 million in August 2022 (up 64.9%).

Angel's overall average daily turnover (ADTO) was at Rs 28,41,100 crore in August 2023, up 0.9% MoM and up 129.3% YoY. The company's ADTO from the F&O segment stood at Rs 27,99,000 crore in August 2023 (up 0.9% MoM and up 129.3% YoY). ADTO from the cash segment was at Rs 4,400 crore (up 2.0% MoM while up 6.4% YoY) and ADTO from the commodity segment stood at Rs 29,000 crore (up 13.4% MoM and up 85.9% YoY) in June 2023.

The company's retail turnover market share in overall equity segment was 25.9% in August 2023 as against 26.0% in July 2023 and 21.5% in August 2022. F&O market share stood at 26% (down 4 bps MoM and up 439 bps YoY), cash market share was at 13.4% (down 42bps MoM and down 46 bps YoY) in August 2023.The company's retail turnover market share in commodity segment was at 57.2% (up 82 bps MoM and up 556 bps YoY) in August 2023.

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 company's consolidated net profit (from continuing operations) surged 21.59% to Rs 220.8 crore on 18.5% jump in total income to Rs 811.10 crore in Q1 FY24 over Q1 FY23.

The scrip declined 3.56% to Rs 1,851 on the BSE.