Zerodha traders sitting on Rs 1 lakh crore profit, we made Rs 4,700 crore in FY24: Nithin Kamath
- Posted on September 25, 2024
- By Business News Today
- 4 Views
Zerodha traders sitting on Rs 1 lakh crore profit, we made Rs 4,700 crore in FY24: Nithin Kamath
Zerodha, India's second-largest stock broker, reported a 62% increase in profit to Rs 4,700 crore for FY24, with revenue rising 21% to Rs 8,320 crore. The firm also noted unrealized profits of over Rs 1 lakh crore among its traders. Regulatory changes may impact future revenue.
