๐ผ ANGEL ONE | Q2FY26 CONCALL HIGHLIGHTS ANGELONE
๐ Financial Performance: ๐ฐ Gross Revenue: โน12 bn ๐ผ +5.3% QoQ ๐ Net Revenue: โน9.4 bn ๐ผ +5.6% QoQ ๐น Net Broking Income: โน5.5 bn ๐ผ +5.4% QoQ (77% from direct business) ๐ฆ Interest Income: โน3.8 bn ๐ผ +6.5% QoQ โ driven by 26% rise in avg. MTF book ๐ณ Distribution Income: ๐ผ +28% QoQ โ strong traction in credit products, IPOs & MFs ๐ธ Other Expenses: โน3.4 bn ๐ป -19.2% QoQ (no IPL costs this quarter) โ๏ธ EBDAT Margin: 34.5% ๐ผ +1,270 bps QoQ ๐ Normalized EBDAT Growth: +6.1% QoQ (ex-IPL) ๐ PAT: โน2.1 bn ๐ผ +85% QoQ ๐ Normalized PAT: +10.1% QoQ (ex-IPL) Angel One delivers a strong quarter backed by margin expansion and steady revenue growth! ๐
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