Angel One has approved the allotment of 28,878 Equity shares of the Company of face value of Rs. 10 each to the eligible employees of the Company.Powered by Capital Market - Live News

Angel One announced that Dr. Pravin Bathe, Chief Compliance Officer, Senior Management Personnel of the Company has resigned w.e.f. the closure of working hours on 31 October 2024. Powered by Capital Market - Live News

Angel One announced the onboarding of Arief Mohamad as Chief Business Officer - Direct Business. This strategic addition is set to strengthen the company`s leadership team, driving innovation and growth in the ever-evolving financial technology landscape. With extensive experience in scaling businesses and leading transformative initiatives, Arief is poised to play a pivotal role in expanding Angel One`s presence and enhancing client experience. Arief brings over 16 years of distinguished experience in digital commerce, growing businesses at scale, strong understanding of customers and client engagement. As Chief Business Officer, he will lead Angel One`s direct business vertical, focusing on scaling the company`s digital presence and driving client-centric innovations. Powered by Capital Market - Live News

Net profit of Angel One rose 39.06% to Rs 423.37 crore in the quarter ended September 2024 as against Rs 304.45 crore during the previous quarter ended September 2023. Sales rose 44.55% to Rs 1514.71 crore in the quarter ended September 2024 as against Rs 1047.87 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1514.711047.87 45 OPM %44.3542.31 - PBDT597.68418.40 43 PBT572.09407.18 41 NP423.37304.45 39 Powered by Capital Market - Live News

Angel One announced its key business parameters for the month of September 2024. The company`s client base stood at 27.49 million (up 3.2% on MoM basis; up 61% on YoY basis). Average client funding book stood at Rs 4089 crore (up 6.1% on MoM basis; up 152.4% on YoY basis). Based on notional turnover, the overall average daily turnover (ADTO) stood at Rs 4793000 crore (up 6.9% on MoM basis; up 47.5% on YoY basis)Based on notional turnover, the F&O ADTO stood at Rs 4717300 crore (up 6.9% on MoM basis; up 47.3% on YoY basis) Cash ADTO stood at Rs 9100 crore (down 4.9% on MoM basis; up 72.8% on YoY basis)Commodity ADTO stood at Rs 66600 crore (up 9.7% on MoM basis; up 106.4% on YoY basis) Powered by Capital Market - Live News