Upstox’s FY24 Revenue Jumps 25% YoY To INR 1,311 Cr

Share via:


SUMMARY

Upstox said its “net profit” surged 8X YoY to INR 190 Cr. However, the number excluded ESOP costs

Revenue zoomed 25% to INR 1,311 Cr in the financial year 2023-24 (FY24) from INR 1,051 Cr in the previous fiscal year

Upstox claims to have 1.7 Cr users on its platform, with about 85% of its customers coming from Tier II, III cities

Broking platform Upstox said that its revenue zoomed 25% to INR 1,311 Cr in the financial year 2023-24 (FY24) from INR 1,051 Cr in the previous fiscal year.

On the back of the increase…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Upstox’s FY24 Revenue Jumps 25% YoY To INR 1,311 Cr


SUMMARY

Upstox said its “net profit” surged 8X YoY to INR 190 Cr. However, the number excluded ESOP costs

Revenue zoomed 25% to INR 1,311 Cr in the financial year 2023-24 (FY24) from INR 1,051 Cr in the previous fiscal year

Upstox claims to have 1.7 Cr users on its platform, with about 85% of its customers coming from Tier II, III cities

Broking platform Upstox said that its revenue zoomed 25% to INR 1,311 Cr in the financial year 2023-24 (FY24) from INR 1,051 Cr in the previous fiscal year.

On the back of the increase…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Tiny robots developed to help fix leaky water pipes

Engineers in the UK have developed micro-robots --...

Travel tech firm Navan confidentially files to go public...

US corporate travel and expense company Navan on...

Oakley x Meta smart glasses: 8h battery life, better...

Meta’s smart glasses experiment is moving into its...

Popular

Upcoming Events

ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo ppoo