Angel One reported a 58.2 per cent year-on-year rise in consolidated net profit to ₹334.9 crore for the September quarter. Revenue also rose 17.8 per cent to ₹1,426.9 crore. Ambarish Kenghe said, "The second quarter reinforced the resilience of our client franchise despite significant changes in India's market structure."
Angel One reported a 58.2 per cent year-on-year (y-o-y) rise in consolidated net profit to ₹334.9 crore for the September quarter, compared with ₹211.7 crore in the previous year.
Revenue also rose 17.8 per cent to ₹1,426.9 crore, against ₹1,211.7 crore in the same quarter last year. Earnings before interest, tax, depreciation and amortisation (EBITDA), however, rose to ₹493.3 crore from ₹485.4 crore. The EBITDA margin expanded to 45.1 per cent from 34.5 per cent in the previous quarter, an increase of 1,064 basis points.
The company also announced an interim dividend of ₹1.40 per share. Shares of Angel One closed 2.13 percent higher at ₹312.10 on the BSE ahead of the earnings announcement.
The company's average client funding book continued to expand, reaching a record ₹7,450 crore in the second quarter of FY27, up 40.5 percent year-on-year. Average daily orders rose to 5.8 million in September, approaching pre-Closing Auction Session (CAS) levels after changes to market structure temporarily affected broking activity.
"The second quarter reinforced the resilience of our client franchise despite significant changes in India's market structure, including revised bank funding norms and introduction of the Closing Auction Session in cash equities," said Ambarish Kenghe, Group CEO at Angel One. "While these changes temporarily impacted broking activity, client engagement recovered steadily, with our average daily orders reaching 5.8 million in September 2026, approaching pre-CAS levels."
Angel One's share of retail equity derivatives turnover rose 43 basis points y-o-y to 22.1 per cent, while commodity turnover more than doubled.
Credit distribution grew 51.8 percent year-on-year to ₹690 crore in the quarter, with September recording a record monthly distribution of nearly ₹280 crore. Unique systematic investment plan (SIP) registrations, however, declined 19 per cent y-o-y to 1.9 million.
Angel One's wealth management assets under management (AUM) rose 160.5 per cent y-o-y to ₹16,000 crore, with its client base exceeding 2,975 as of September 2026. Its asset management AUM grew 41.3 per cent to ₹570 crore.