Rs 9.25/Share Dividend Declared: Mid Cap Company Announces 22% Jump In Q1 Profit

Small cap company operating in financial services sector, Angel One Ltd on July 13 announced 22% surge in its consolidated net profit to Rs 221 crore for the quarter ended June as against Rs 181 crore declared in the same quarter last year. Meanwhile, Angel One also declared its first interim dividend of Rs 9.25/- per equity share with face value of Rs 10/- per share. The company fixed July 21 as the record date. Check details below:

Angel One Declares Dividend, Sets Record Date: As per the BSE filing of Angel One Ltd date July 13, 2023, "The Board has declared 1" Interim Dividend for the Financial Year 2023-24 at the rate of Rs. 9.25/- per share on equity shares having face value of Rs. 10/- per share, as on the Record date. Further, as already intimated, the Record Date for determining eligibility of shareholders for payment of the said Interim Dividend, as declared by the Board of Directors shall be Friday, July 21. 2023."

Angel One Stock Performance & Return: Last trading price of Angel One share is Rs 1745.85 per share with intraday fall of 0.16%. Its 52-week high price is Rs 1803.35 per share and 52-week low price is Rs 1000.00 per share, respectively. The company has a market capitaliastion of Rs 14,633.61 crore. Angel One shares offered 38% return in last 3-months, 34% return in last 6-months, 33% gain in last 1-year and 69% return in last 2-years.

Angel One Financial Performance: The company's revenue from operations for the year ended June declared at Rs 807 crore, up 18% as against Rs 684 crore announced in the corresponding quarter of last year. Meanwhile, interest income for the quarter declared at Rs 145 crore, up 20% as against Rs 121 crore announced in the preceding year quarter.

Angel One About: Angel One Limited (formerly known as Angel Broking Limited) is a Fintech company providing broking services, margin trading facility, loan against shares, research services, depository services, investment education and financial products distribution to its clients. With more than 14 million registered clients, it is onboarding an average of about 400K new clients every month, according to its LinkedIn page.

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