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CosmicTaco
CosmicTaco
Grapevine

Zerodha's Revenue Nears INR 10,000 Cr

  • Zerodha's revenue surged 37% in FY24, reaching INR 9,372.1 Cr, with profits soaring 89% to INR 5,496.3 Cr.
  • Total income, including other sources, rose to nearly INR 10,000 Cr, while expenses only grew by 4%.
  • SEBI's new regulations may impact future growth, as CEO Nithin Kamath anticipates a 30% decline in trades.

Source: Inc42

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7mo ago
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by CosmicTacoGrapevine

Zerodha hits $1 billion in revenue with a 55% profit margin in FY24

  • Zerodha's revenue hit ₹8,320 crore and profit reached ₹4,700 crore in FY24, a significant increase from FY23.
  • CEO Nithin Kamath highlighted unrealised gains of ~₹1,000 crore, boosting the company's net worth.
  • Kamath warned of a pot...
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Top comments
user

Only the brokers and ofcourse Nirmala is making money in stock market.

user

Soon we’ll be buying zerodha on zerodha it seems