Shares of Angel One Limited surged by 9.6% on 17 April after the stockbroking firm posted a sharp jump in quarterly profit, triggering a strong buying response from the market.

In an exchange filing disclosed after market hours on Thursday, Angel One reported a net profit of Rs 320.2 crore for Q4FY26, up 83.5% from Rs 174.5 crore in the same quarter a year earlier. Revenue from operations climbed 38.2% year-on-year to Rs 1,459.4 crore, against Rs 1,056 crore in Q4FY25.

Margins improved as well. EBDAT came in at Rs 472.8 crore for the quarter, rising 16.7% sequentially from Rs 405 crore in Q3FY26. The EBDAT margin expanded to 41.7% in Q4FY26, up from 39.4% the previous quarter. The average client funding book held steady at Rs 5,850 crore during the period.

Chairman and MD Dinesh Thakkar said the company is ‘well-positioned to participate at scale in the next phase of growth in India’s financial services market.’ Group CEO Ambarish Kenghe revealed that roughly 25% of total committed code is now AI-generated, cutting development timelines across the platform.

At 1:17 pm, shares of the Mumbai-based broking firm were up 8.93% at Rs 318.75 on NSE, after touching an intraday high of Rs 320.63.

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