Angel One Limited CC-Dec23.pdf · 2024-01-16
So just wanted to understand on this tariff cut on the intraday segment and the upfronting cost. I mean, what I heard you mentioning about that you will continue this thing as long as you see a scope of acquiring clients given the low penetration and given how we are placed from a secular trend perspective, the segments which we operate, this looks like a fairly long-term approach as far as you get -- you're targeting these kind of customer acquisition and the tariff change. So would it be fair to assume that through FY '25 as well, will you see this kind of a margin percentage going ahead on the operating front?
So just to add, I mean, on the -- and once you're starting on the AMC front, I would want to believe the LTV, which you assume now should go up as we go ahead because you're adding new verticals from business aspects.