
Fri Oct 04 04:28:00 UTC 2024: ## Company Reports Strong Growth in Client Base and Turnover
**Mumbai, India** – A leading financial services company has announced significant growth in its client base and daily turnover for the month of September. The company’s client base reached 27.49 million, representing a 3.2% increase from the previous month and a whopping 61% rise year-on-year.
The average client funding book also surged to Rs 4089 crore, marking a 6.1% month-on-month increase and a remarkable 152.4% year-on-year growth.
Based on notional turnover, the overall average daily turnover (ADTO) reached Rs 4793000 crore, signifying a 6.9% rise month-on-month and a 47.5% increase year-on-year. The company’s Futures and Options (F&O) ADTO also saw a similar rise, reaching Rs 4717300 crore, representing a 6.9% month-on-month and a 47.3% year-on-year growth.
Despite this impressive performance, the company’s Cash ADTO saw a slight dip of 4.9% month-on-month, though it still registered a significant 72.8% increase year-on-year. Meanwhile, Commodity ADTO showed a strong growth of 9.7% month-on-month and a 106.4% rise year-on-year, reaching Rs 66600 crore.
These positive results indicate the company’s continued success in attracting new clients and expanding its market share. The company’s strong performance is likely a result of its robust offerings and its ability to capitalize on the favorable market conditions.