The company’s total consolidated income rose 85 per cent to Rs 42.44 crore during the reported quarter, against Rs 22.92 crore in the corresponding quarter of previous fiscal. The strong revenue growth, backed by improved trading activity and successfully curtailed expense growth.
The management said the company saw highest quarterly acquisition of over 1.6 lakh customers. With the pandemic accelerating digital growth, millennials thronging to capital markets, and a buoyant stock market, the management optimistic that the company is entering a new era of investing and incredible growth in coming quarters.
is engaged in providing financial products through its online technology platform and mobile applications. It is registered with the Securities and Exchange Board of India (Sebi) as a stock broker, depository participant and research analyst, and with the Association of Mutual Funds in India (Amfi) as a mutual fund distributor. Its services are targeted at retail investors and high volume traders who actively invest and trade in securities markets
and seek DIY (Do-it-Yourself) services at a low cost.
Till 09:28 am, a combined around 11,270 equity shares had changed hands and there were pending buy orders for 170,000 shares on the NSE and BSE. In comparison, the S&P BSE Sensex was down 0.82 per cent at 36,391 points.