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Angel One Beats Expectations With Strong Quarterly Performance

Angel Broking's distribution segments drove significant margin improvement, while its digital business model enabled operating leverage.

In an interview with Ambarish Kenghe, Group CEO, Angel One spoke about the company delivering a stellar quarterly performance, surpassing expectations across all fronts. The company's broking and distribution segments drove significant margin improvement, while its digital business model enabled operating leverage. Despite ongoing investments in new business segments, Angel One reported a positive surprise in its profit after tax (PAT), with gross broking revenue growing 8% QoQ.

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