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via gurufocus.comBusiness & Companies

Angel One posts record margins and 58% profit rise despite muted markets

FROM THE WIRE · GURUFOCUS.COM

Consolidated Gross Revenue: INR14.3 billion, up 18.9% YoY; broadly stable sequentially.Consolidated Operating Profit: INR4.9 billion, up 52% YoY.Consolidated Pr

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralStrong results at an Indian broker with record margins are relevant for the brokerage sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Consolidated gross revenue was INR14.3 billion, up 18.9% year on year.
  2. 02Consolidated operating profit was INR4.9 billion, up 52% year on year.
  3. 03Revenue was broadly stable sequentially.

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