Monday, July 21, 2025

Angel One Q1 results: Profit drops 61% YoY, but wealth AUM up 34% sequentially

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Angel One Ltd reported a 61% year-on-year decline in net profit at ₹114.4 crore for the June 2025 quarter, compared to ₹292.7 crore a year ago. Revenue dropped 19% YoY to ₹1,140 crore from ₹1,405 crore in Q1 FY25.Operating performance weakened, with EBITDA down 41.7% to ₹274.1 crore from ₹469.9 crore, and EBITDA margins narrowing to 24.04% from 33.44%.
Despite the overall decline, its wealth management vertical saw healthy growth—AUM rose 33.6% sequentially to ₹50.7 billion, and the client base crossed 1,000. In broking, the client funding book touched an all-time high of ₹48 billion. The company also saw a 123.6% sequential rise in credit disbursals and added two new AMC schemes during the quarter.
Chairman and MD Dinesh Thakkar said, “India is at the cusp of a financial revolution… Powered by data and platform intelligence, our focus remains on delivering low-cost, high-engagement services at scale.”Ahead of the earnings announcement, Angel One shares closed 1.45% higher at ₹2,713.70 on the NSE.

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