Zerodha bracing for big revenue hit for 5 reasons, time to pivot: Nithin Kamath

Zerodha's CEO Nithin Kamath announces a strategic pivot due to upcoming regulatory changes in the capital markets. Despite a 62% profit increase, the company anticipates revenue hits from new SEBI regulations, increased securities transaction tax, and changes in brokerage fees. Zerodha plans to diversify its offerings beyond derivatives.