Mumbai, Oct. 16 -- Profit before tax tanked 48.60% year on year to Rs 294 crore in the quarter ended 30 September 2025.

Consolidated earnings before depreciation, amortization, & taxes (EBDAT) in Q2 FY26 stood at Rs 324.6 crore (down 45.69% YoY). EBDAT margin slipped to 34.5% in Q2 FY26 as against 49.9% posted in Q2 FY25.

Despite the earnings decline, the client base grew 24% YoY to 34.1 million. However, gross client acquisition fell 41.9% YoY to 1.7 million in September 2025. The company's average client funding book for the quarter stood at Rs 5,310 crore.

Angel One's asset management arm launched two new schemes during the quarter, bringing the total number of offerings to seven. The assets under management (AUM) grew 16.8% QoQ to ...