Zerodha Capital’s FY25 net profit rises 78%, focus on scaling up credit play

Zerodha Capital, the non-banking finance arm of stock broking major Zerodha, reported a net profit of Rs 12.5 crore and total revenue of Rs 36 crore in the fiscal year ended March 2025.

While its revenue has more than doubled from around Rs 17 crore in FY2024, its net profit grew 78% from Rs 7.2 crore last year.

Through Zerodha Capital, the stockbroker offers credit products, like loans against securities. Investments in stocks, exchange traded funds (ETFs) and mutual funds can be used as collateral for loans on the platform.

“We have a bouquet of…