5paisa posts flat Q1 profit despite 14% jump in revenue as margins come under pressure

5paisa Capital reported a marginal rise in net profit for the June quarter, supported by double-digit revenue growth, even as its EBITDA margin narrowed on a year-on-year basis.5paisa Capital reported a 0.2% year-on-year rise in consolidated net profit to ₹11.6 crore for the quarter ended June, compared with ₹11.5 crore in the corresponding period last year.

Revenue from operations increased 13.7% to ₹88.3 crore from ₹77.7 crore a year earlier, reflecting healthy top-line growth during the quarter.
EBITDA rose 3.5% year-on-year to ₹26.1 crore, compared with ₹25.2 crore in the year-ago period.However, EBITDA margin contracted to 29.5% from 32.4% in the corresponding quarter last year, indicating margin pressure despite higher revenue.

According to the company’s investor presentation, consolidated income stood at ₹88.4 crore, up 14% year-on-year, while profit after tax increased 1% from the year-ago quarter. The company said it continued to invest in product development, platform reliability, customer experience, AI-led capabilities and monetisation during the quarter.

Managing Director and CEO Gaurav Seth said the company remained focused on building a stronger technology-led platform for active traders and long-term investors while continuing strategic investments amid a volatile market.

On the NSE, shares of 5paisa Capital ended 2.52% lower at ₹381 on Thursday.