Zerodha’s profits almost double to Rs 2,094 crore in FY22, revenue at Rs 4,964 crore

Stock brokerage firm Zerodha’s net profit increased 87% in fiscal year 2022 (FY22) to Rs 2,094.3 crore from Rs 1,122.3 crore in FY21, while operating revenue jumped to Rs 4,963.7 crore from Rs 2,728.9 crore in the same period, according to its audited financial statement filed with the Ministry of Corporate Affairs (MCA).

Overall income stood at Rs 4,964 crore for FY22. Expenses grew by almost 72% to Rs 2,164 crore in FY22, from Rs 1,260.1 crore in FY21.