Angel One Ltd., posted its fourth quarter results and the company reports a decline in both revenue and net profit. The company reported a 22.3% fall in their revenue as the company reported Rs 1,056 crore revenue.
The net profit reported by the company stood at Rs 174.5 crore as it plunged 49% compared to the year-ago period.
The net profit has missed Bloomberg estimates while the company's revenue has met estimates. Additionally, the company's board has approved the final dividend of Rs 26 per share for the financial year 2025.
Angel One Q4FY25 Highlights (Consolidated, YoY)
Revenue down 22.3% to Rs 1,056 crore versus Rs 1,358.5 crore
Net Profit down 49% to Rs 174.5 crore versus Rs 340 crore.
According to Bloomberg analysts, the company was set to see an 18.7% decline in its revenue this quarter. The revenue was expected to moderate to Rs 1,056 crore, which was spot on.
While the net profit was expected to be around Rs 188 crore this quarter, the company posted a lower number, which had declined significantly from the previous year.
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