Capital Markets firm 5Paisa Capital Announced Q1FY23 Result :

• Consolidated Income for Q1FY23 at Rs. 84.1 Cr (down 5% QoQ and up 38%YoY)
• Consolidated Profit after Tax for Q1FY23 at Rs. 7.4 Cr (up 68% QoQ and 3% YoY)
• Total consolidated income stood at Rs. 84.1 Cr for the quarter, down 5% QoQ and up 38% YoY.
• Total comprehensive income stood at Rs. 7.3 Cr for the quarter, up 58% QoQ and 4% YoY

Prakarsh Gagdani, Whole-Time Director and CEO, 5paisa Capital Ltd., commented on the financial result: “Q1FY23 witnessed subdued retail participation which also impacted our overall income. In current quarter we focused on improving quality of acquisition and also optimized cost which has resulted 68% growth (QoQ) in Profit before tax. We will be continuing improvement in product development, cost optimization & customer experience for providing best investment and trading platform to accelerate our revenue and profitability.”

Result PDF