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Zerodha posts Rs 442.4 Cr FY20 profit with increase in users, higher trading volumes


Zerodha posts Rs 442.4 Cr FY20 profit with increase in users, higher trading volumes
Online brokerage startup Zerodha earned Rs 1,034.8 crore in revenue from operations in the FY ended March 31, 2020.
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Online brokerage startup Zerodha recorded
Rs 442.4 crore in standalone profit for the financial year ended March 31, 2020, helped by a
massive jump in users and trading volumes on its platform.
Zerodha, which has been credited as one of the first firms to open equities, bonds and mutual funds trading up to retail investors, counted
3.14 million users on its platform as of January 31, 2021, according to data from the National Stock Exchange, far surpassing competitors such as Upstox and Groww. ....

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