Capital Markets company 5Paisa Capital announced Q1FY24 results: Consolidated Q1FY24 vs Q1FY23: Income: Rs 84.6 crore vs Rs 84.1 crore, up 1% YoY Profit Before Tax: Rs 19.5 crore vs Rs 10.1 crore, up 93% YoY Profit After Tax: Rs 14.5 crore vs Rs 7.4 crore, up 97% YoY Total Comprehensive Income: Rs 14.5 crore vs Rs 7.4 crore, up 95% YoY Consolidated Q1FY24 vs Q4FY23: Income: Rs 84.6 crore vs Rs 91.4 crore, down 7% QoQ Profit Before Tax: Rs 19.5 crore vs Rs 19.2 crore, up 1% QoQ Profit After Tax: Rs 14.5 crore vs Rs 14.4 crore, up 1% QoQ Total Comprehensive Income: Rs 14.5 crore vs Rs 14.4 crore, up 1% QoQ Appointment of Narayan Gangadhar, Chief Executive Officer, as the Managing Director for a period of 5 years effective from July 13, 2023 Narayan Gangadhar, CEO, 5Paisa Capital, commented on the financial results: “In Q1FY24, India benchmark indices - BSE Sensex and NIFTY 50 have climbed to their all-time high. All these positive sentiments are expected to drive growth in Indian Capital Markets, which has now more than 12 crore demat accounts. We are glad to report strong growth in our retail ADTO segment. Our overall ADTO for Q1FY24 stands at Rs 2.84 trillion, a 17.9% jump Vs Rs 2.41 trillion in Q4FY23 along with improvement in market share. With all our efforts focused on quality acquisition and improving cost efficiency, we have succeeded in achieving highest ever quarter profit in Q1FY24 of Rs 14.5 crore (growth of 97% on YoY) along with highest PAT margins of 17%. We intend to scale up our investments to build a robust technology platform & acquisition sub-streams while continuing to build efficiency by strengthening our digital tools & processes.” Result PDF