Saturday, May 25 2024 | Time 18:58 Hrs(IST)
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Business Economy


New Delhi, Apr 18 (UNI) Angle One, a retail stock broking house in India, today announced 31 per cent jump in net profit at Rs 340 crore during Q4 of the last financial year over Rs 260.3 crore in the previous quarter.
Total income also grew by 28 percent during the same period. Q4 total income stood at Rs 1358.5 crore compared to Rs 1060.8 crore in the third quarter, the company said in a release.
Commenting on the performance, Mr. Dinesh Thakkar, Chairman & Managing Director of Angle One, said “Angel One has always focused on innovation to fulfil its unwavering commitment to client- centricity. In the journey we have traversed, Angel One has achieved many milestones and garnered trust from its clients.”
FY24’s performance resonates the same, as the company delivered a historic performance yet again, he said, adding “we have built a solid roster of clients, with strong behavioral traits, who not only transact with us but also advocate for us, with each cohort consistently giving us revenues every year.”
The company recently completed a capital raise of Rs 15 billion to capitalize the business for future growth.
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