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The Economic Times
The Economic Times
Veer Sharma

Angel One shares gain 2% as Q1 profit doubles to Rs 231 crore, revenue up 25% YoY

Shares of Angel One gained 2% to their day's high of Rs 349 on BSE on Thursday after the fintech and broking firm reported a sharp jump in earnings for the June quarter, supported by healthy revenue growth and improved operating leverage.

The company reported a consolidated net profit of Rs 231 crore for Q1FY27, more than double the Rs 114 crore posted in the same quarter last year. Revenue from operations rose 25.3% year-on-year (YoY) to Rs 1,430 crore from Rs 1,141 crore. EBITDA climbed 76.5% to Rs 485 crore from Rs 275 crore, while the EBITDA margin improved to 34% from 24%.

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