Online stock broking platform Zerodha profit surges 39% to Rs 2,907 crore in FY23
In comparison, the brokerage house had posted a Profit After Tax (PAT) of Rs 2,094 crore in the financial year 2022-23. Also, the company's revenues surged by 38.5 per cent to Rs 6,875 crore in FY23 from Rs 4,964 crore a year ago.
While the trading activity in F&O has increased significantly, the total number of people trading F&O is still not that large. Image Courtesy: Reuters.