January 18, 2022

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5paisa Capital Q2 Review – Healthy Client Accretion; Gradual Uptick In Profit: ICICI Direct

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5Paisa Capital Ltd. is a leading discount stock broker backed by the Nirmal Jain led IIFL group.

The company reported mixed Q2 FY22 results. Average daily turnover was up 40% QoQ amid robust client accretion at 3.42 lakh.

Revenue was up 13% QoQ to Rs 68 crore, primarily led by 43% QoQ rise in the margin trading funding book.

Elevated marketing and other expense impacted 5Paisa Capital’s earnings momentum with profit after tax at Rs 1.7 crore (down 77% QoQ).

ICICI Direct
2021-10-21 03:12:55

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