Zerodha's consolidated revenue increased 37.16% to INR 9,372.1 Cr in FY24, up from INR 6,832.8 Cr in the previous fiscal

[{"selector":"#anim-b8ec5b66-6d78-493f-bc65-23648f88ae9c","keyframes":{"opacity":[0,1]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a969932d-6b8e-44f1-a4f3-142a68647c37","keyframes":{"transform":["translate3d(0px, 130.54212%, 0)","translate3d(0px, 0px, 0)"]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Their total income increased to INR 9,994.5 Cr, including additional income of INR 622.3 Cr, the during the fiscal year under review

[{"selector":"#anim-9f6f9554-e489-450d-82a0-1978d9ea186e","keyframes":{"opacity":[0,1]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-042907f9-5959-43a6-9a1c-fd835d7897f7","keyframes":{"transform":["translate3d(0px, 132.47449%, 0)","translate3d(0px, 0px, 0)"]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

As a result, its net profit increased by 88.95% to INR 5,496.3 crore in the fiscal year under review, up from INR 2,908.9 crore in FY23

[{"selector":"#anim-3fe694ad-51c6-4c6a-a45f-3ca35860d819","keyframes":{"opacity":[0,1]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-43882bba-e1a3-42cf-909a-3299594e2c75","keyframes":{"transform":["translate3d(0px, 132.47449%, 0)","translate3d(0px, 0px, 0)"]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Co-founder & CEO Nithin Kamath reported in a blog post that the company's total assets under control had increased to INR 5.66 lakh Cr

[{"selector":"#anim-a4fcf286-205b-45a2-a393-05b31b38812c","keyframes":{"opacity":[0,1]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1ffaf999-a780-43eb-9ded-6d2a869514af","keyframes":{"transform":["translate3d(0px, 128.60420%, 0)","translate3d(0px, 0px, 0)"]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Zerodha makes money through brokerage sales, user onboarding collections, and the selling of its tech tools, such as the Kite Connect API

[{"selector":"#anim-65659d42-71f2-4d78-aafa-195b4bd06d32","keyframes":{"opacity":[0,1]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-83cf5721-5dcf-4237-8f67-e6e50fa0474f","keyframes":{"transform":["translate3d(0px, 125.62649%, 0)","translate3d(0px, 0px, 0)"]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Overall expenses increased by only 4.23% to INR 3,119.2 Cr in FY24, up from INR 2,992.7 crore the previous year

[{"selector":"#anim-bad86871-7f5c-4566-b7c1-9184c7709d27","keyframes":{"opacity":[0,1]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a9f9ecf-96df-4ea8-869e-997289680619","keyframes":{"transform":["translate3d(0px, 133.44389%, 0)","translate3d(0px, 0px, 0)"]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

However, Kamath anticipates the startup's sales & profit to plateau once the many adjustments proposed by the SEBI take effect

[{"selector":"#anim-2a5e0e8f-afa2-4913-910d-5584df744e0a","keyframes":{"opacity":[0,1]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-16f3266e-751d-4e8b-85e5-935f68a1b5da","keyframes":{"transform":["translate3d(0px, 128.46877%, 0)","translate3d(0px, 0px, 0)"]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Last month, SEBI also issued a consultation proposing modifications to the small and medium company (SME) listing framework

[{"selector":"#anim-5a9c7134-8c96-4137-ac52-44e270d6e532","keyframes":{"opacity":[0,1]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-155b0b67-007e-4838-8379-51585b661d08","keyframes":{"transform":["translate3d(0px, 125.20094%, 0)","translate3d(0px, 0px, 0)"]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Last month, SEBI also issued a consultation proposing modifications to the small and medium company (SME) listing framework

[{"selector":"#anim-b93a1101-3a49-4b72-aced-005ad69c7363","keyframes":{"opacity":[0,1]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-42f0a4a0-0053-4608-9f90-ce559c01565c","keyframes":{"transform":["translate3d(0px, 124.34988%, 0)","translate3d(0px, 0px, 0)"]},"delay":1,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]