Zerodha crosses $1B in revenue in FY24; profit up 89%

Quick Summary:

Zerodha, however, expects a 10% revenue dip this fiscal year due to SEBI's new fee circular and a potential 30-50% drop from regulation on index derivatives.

This has prompted the company to diversify into margin trade funding, investments, and loan-against-securities services, according to a blog post by Co-founder and CEO Nithin Kamath in September.

However, Zerodha expects a 10% revenue dip this fiscal year due to SEBI's new fee circular and a potential 30-50% drop from regulation on index derivatives.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: India

Topics: Revenue Crore Policy Fy24 Expenses Fiscal Privacy Profit Company Year Information

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 06:15:25 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 308 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24426809

View Article Analysis

About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 7 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

Frequently Asked Questions