5paisa Capital Limited consolidated income for Q4FY21 stood at Rs49.9cr (up 41% yoy) and for FY21 at Rs194.6cr (up 80 % yoy) in the quarterly financial results announced on Tuesday. Total Comprehensive Income (TCI) stood at Rs6.2cr for the quarter, up 452% yoy, and Rs14.7cr for the year, up 282% yoy.
The company’s Profit Before Tax (PBT) in Q4FY21 rose 444% to Rs7.82cr from loss of Rs2.27cr. For FY21 PBT rose 360% to Rs19.90cr against loss of Rs9.65cr.
“Our sustained efforts on focusing on growth backed by revenues and cost efficiency has helped us to report full year profits in our 5th year of operations. I am equally thrilled and extremely excited for the new phase of growth 5paisa will embark on with the proposed capital infusion of Rs250cr. 5Paisa as a part of our reorientation strategy will transform from being a mere discount broker to a digital financial platform in coming quarters.
Our strategy of focusing on profitable growth, sustained revenue stream with multi product offering, organic growth of customer acquisition will be the driving force with technology as the sole means to achieve our goal,” Prakarsh Gagdani, Whole-Time Director and CEO, 5paisa Capital Ltd., said.
At around 11.42 am, 5Paisa Capital stock was trading at Rs378.05 per piece down Rs17.25 or 4.36% on the BSE.