Angel One Reports Q3 FY24-25 Results, Highlights Shift in Key Financial Metrics

Jan 14 2025 08:17 AM IST
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Angel One has announced its financial results for the third quarter of FY24-25, revealing changes in key metrics. Profit Before Tax was reported at Rs 385.75 crore, while Profit After Tax stood at Rs 281.48 crore. Net sales reached Rs 1,262.21 crore, reflecting a shift from previous averages.
Angel One, a notable entity in the finance and non-banking financial company (NBFC) sector, has recently disclosed its financial results for the third quarter of FY24-25. The announcement, made on January 13, 2025, highlights a notable shift in key financial metrics.

For the quarter, Profit Before Tax (PBT) was reported at Rs 385.75 crore, reflecting a change when compared to the average PBT of Rs 442.47 crore from the previous four quarters. Profit After Tax (PAT) also showed a shift, coming in at Rs 281.48 crore, which contrasts with the average PAT of Rs 329.10 crore during the same period.

Additionally, net sales amounted to Rs 1,262.21 crore, indicating a change from the average net sales of Rs 1,334.12 crore over the last four quarters. In light of these results, there has been an adjustment in evaluation for Angel One, with the overall financial score experiencing a notable revision from 21 to 3 in the past three months.

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