5paisa Capital reported a 39% year-on-year (YoY) increase in net profit, reaching Rs 20 crore for the quarter ending June 2024. The company’s revenue also rose by 49% YoY to Rs 102 crore during the same period.
Total expenses for the quarter amounted to Rs 75 crore, compared to Rs 65 crore the previous year.
The market share of 5paisa Capital increased from 1.8% in Q1 FY24 to 2.1% in Q1 FY25. Additionally, total client acquisitions grew from 1.08 lakh in Q1 FY24 to 2.34 lakh in Q1 FY25.
As a discount brokerage arm of IIFL Holdings, 5paisa Capital provides equity research, equities, commodities, and trading services.
Shares of 5paisa Capital closed at Rs 500.25 on the NSE, marking an increase of approximately 0.44%.
