On sequential basis, the company's client base grew by 3.4% month on month (MoM) from 17.78 million in October 2023.

Gross client acquisition stood at 0.68 million in November 2023 as compared with 0.73 million in October 2023 (down 6%) and 0.32 million in November 2022 (up 113.7%).

Angel's overall average daily turnover (ADTO) was at Rs 34,36,300 crore in November 2023, up 9% MoM and up 164.9% YoY. The company's ADTO from the F&O segment stood at Rs 33,93,600 crore in November 2023 (up 9.02% MoM and up 169.3% YoY). ADTO from the cash segment was at Rs 5,000 crore (up 12.3% MoM and up 33.2% YoY) and ADTO from the commodity segment stood at Rs 32,300 crore (down 9% MoM and up 70.4% YoY) in November 2023.

The company's retail turnover market share in overall equity segment was 26.7% in November 2023 as against 26.5% in October 2023 and 21.1% in November 2022. F&O market share increased to 26.8% (up 20 bps MoM and up 564 bps YoY). Cash market share was constant at 15.2% in November 2023 over October 2023 while it was 230 bps higher than 12.9% reported in November 2022. The company's retail turnover market share in commodity segment was at 56.7% (down 165 bps MoM and up 545 bps YoY) in November 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) 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.