Highlights:
- Total consolidated income stood at Rs. 68.6 Cr for the quarter, up 13% q-o-q and 30% y-o-y and Rs. 129.5 Cr for the half year, up 36% y-o-y.
- Total comprehensive income stood at Rs. 1.4 Cr for the quarter, down 81% q-o-q and 48% y-o-y and Rs. 8.5 Cr for the half year, up 58% y-o-y.
Prakarsh Gagdani, Whole-Time Director and CEO, 5paisa Capital Ltd., commented on the financial results: “Q2FY22 saw acceleration of our efforts to grow both new client acquisition and revenue. With 23% growth, acquisition of 3.4 Lac customers was highest ever in a quarter. Topline also grew 13% Q-o-Q and 31% Y-o-Y. Our investment in building brand has temporarily impacted profitability but this conscious decision is in the right direction and will help us build a strong long term and sustainable business model.”
