5paisa Capital reports Q4 results

Shohini Nath
/ Categories: Trending, DSIJ News
5paisa Capital reports Q4 results

For the period ended March 31, 2019, Q4FY19, the total income stood at Rs. 2,189 Lakhs for the quarter, up 16 per cent q-o-q, and Rs 6,264 Lakhs for the year, up 219 per cent YoY. Net loss stood at Rs 33 Lakhs for the quarter, down 91 per cent QoQ, and Rs 1,657 Lakhs for the year, down 35 per cent YoY.

The average daily cash turnover grew by 34 per cent over the last quarter against an overall exchange cash turnover growth of 1 per cent q-o-q. The average daily total turnover was up 40 per cent q-o-q whereas exchange total turnover was up 4 per cent q-o-q

The company has maintained a swift pace of client acquisitions crossing 2,00,000 customers, recording a growth of 185 per cent over the previous year.

5paisa Capital Limited is engaged in providing financial products through its online technology platform and mobile applications. It is registered with SEBI as a stockbroker, depository participant and research analyst, and with AMFI as a mutual fund distributor. Its services are targeted at retail investors and high volume traders who actively invest and trade in securities markets and seek DIY (Do-it-Yourself) services at a low cost.a

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