rewrite this content using a minimum of 1000 words and keep HTML tags
The fintech and stock broking firm’s PAT stood at Rs 114.5 crore in the corresponding quarter of the preceding financial year.
However, on a sequential basis, profit declined 28 per cent from Rs 320 crore in Q4 FY26.
Total income rose 25.4 per cent to Rs 1,434 crore during the April-June quarter of FY27 from Rs 1,143 crore a year ago, the broking firm said in a stock exchange filing.
Angel One’s total client base grew nearly 19 per cent year-on-year to 3.86 crore. The company’s average client funding book under its credit business reached a record Rs 6,140 crore during the June quarter, marking a 46 per cent year-on-year increase.
In addition, total orders increased 18.4 per cent year-on-year to 40.6 crore in the quarter.Angel One’s asset management business recorded an AUM of Rs 620 crore at the end of June 2026, an 81.4 per cent rise from the year-ago period.The company’s board of directors has declared a first interim dividend of Re 1 per equity share.
Total expenses increased to Rs 1,109 crore in the quarter under review from Rs 979 crore in the corresponding period last year, mainly due to higher employee costs, finance costs and other operating expenses.
and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this
Source link
