Angel One Q2 FY26: Profit Down, Users Up

  Published 7 months ago

Angel One's profit fell sharply, yet its client base surged, and AI-driven services boost growth and diversification.

  • Profit before tax dropped 48.6% YoY to Rs 294 crore; EBDAT margin slipped to 34.5% quarter.
  • Client base grew 24% YoY to 34.1 million, but new acquisitions fell 41.9% YoY in September.
  • AI chatbot Ask Angel launches, net profit rose 85% QoQ to Rs 2.1 billion, expanding services.

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