Zerodha reports 50% jump in FY22 profit but Nithin Kamath warns of Robinhood-like revenue fall for brokers - Economic Times

4/30/2022 12:00:00 AM3 yearsago
by Amit Mudgill
by Amit Mudgill
Almost all revenue for the industry comes from active traders, and being one requires lots of skill & some luck to do well. Most traders tend to become inactive when they don't earn. This means the industry needs a steady influx of new active traders even to …
NEW DELHI: Nithin Kamath - Founder & CEO - Zerodha says the ongoing liquidity-driven bull run has helped his company deliver over 50 per cent growth in top and bottom line for FY22 on an already … [+2269 chars]
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