2025-01-14 10:46:40 :
Angel Broking third quarter 2025 results: Angel Broking announced its third quarter results on January 13, 2025, showing strong performance, with revenue growing 18.7% year-over-year. The company’s profit increased by 8.13% year-on-year, reaching $2814.7 Crores while revenue was Rs. $1254.65 Crores.
However, compared with the previous quarter, revenue fell by 16.86% and profit fell by 33.52%. This suggests that despite good annual growth, there is still some volatility in its financial performance.
Selling, general and administrative expenses increased by 3.07% month-on-month and a significant year-on-year increase of 67.6%, which may cause concerns about future cost management.
In terms of operating income, although it increased by 20.61% year-on-year, it dropped significantly by 27.92% month-on-month, showing long-term resilience.
Third quarter earnings per share (EPS) reported at $30.7, a slight increase of 0.15% year-on-year, which may be viewed positively by investors seeking stable earnings growth.
Of the 7 analysts covering Angel Broking as of January 14, 2025, ratings are mixed, with 1 assigning a Strong Sell rating, 1 assigning a Hold rating, 1 assigning a Buy rating, and 4 Analysts recommend a Strong Buy.
As of January 14, 2025, the consensus recommendation is “Buy,” indicating that analysts remain optimistic about the company’s future performance despite recent quarterly volatility.
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
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