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) jumped 42.56% to Rs 304.5 crore in Q1 FY24 as compared with Rs 213.6 crore in Q2 FY23. Total income increased by 40.6% to Rs 1,047.9 crore in Q2 FY24 as against Rs 745.3 crore posted in Q2 FY23.