5Paisa Capital posts fourth quarter net profit at Rs 6.21 crore

5Paisa Capital on Wednesday reported a net profit of Rs 6.21 crore for the fourth quarter ended March 2021.

The company had posted a net loss of Rs 1.76 crore in the year-ago period, 5paisa Capital said in a statement.

The total income rose by 41 per cent to Rs 49.9 crore for the quarter under review from Rs 35.41 crore a year ago.

5Paisa Capital has onboarded more than 2 lakh new clients during the quarter, taking the total number of registered customers to 13.5 lakh.

For the full fiscal ended March 31, 2021, the company posted a net profit of Rs 14.66 crore as compared to a net loss of Rs 8.05 crore in the preceding financial year.

Total revenue from operations increased by 80 per cent to Rs 194.58 crore in 2020-21compared to Rs 108.28 crore in the previous fiscal.

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