BENGALURU, July 13 (Reuters) - Indian stockbroker Angel One Ltd (ANGO.NS) said on Thursday its first-quarter profit jumped almost 22%, led by surging client additions and orders.
Consolidated profit was 2.21 billion rupees ($27 million) for the quarter ended June 30, compared with 1.82 billion rupees a year ago.
Total revenue from operations climbed nearly 18% to 8.08 billion rupees.
The company, which offers various trading apps, said its total client base rose about 45% to 15.1 million, while the total number of orders advanced more than 20%.
Angel One held a 12.5% share in the number of demat accounts in India in the June quarter, up from 10.8% last year.
Persons:
Angel, Manvi Pant, Kashish Tandon, Dhanya Ann Thoppil
Organizations:
Angel One, Consolidated, NSE, BSE, Angel, Thomson
Locations:
BENGALURU, India, Bengaluru