Zerodha's revenue grew by 37.16 per cent in the financial year ended March 2024 (FY24) as compared to its revenue in the previous financial year. Revenue rose to Rs 9, 372.1 crore from Rs 6, 832.8 crore in the year-ago period.

Including other income of Rs. 622.3 crore, the startup's total revenue rose to Rs.9, 994.5 crore during the fiscal. The main reason for the increase in revenue is due to the improvement in margins through the control of Zerodha's expenses.

Zerodha co-founder and CEO Nitin Kamath announced that its total assets under management have increased to Rs 5.66 lakh crore. Kamath said in a post that the startup's revenue and profit will decline after the various changes suggested by the Securities and Exchange Board of India (SEBI) come into effect.

Founded in 2010 by Nithin Kamath and Nikhil Kamath, Zerodha helps users buy and sell shares and invest in mutual funds. The Bengaluru-based InvestTech startup generates revenue through brokerage sales, user onboarding collections, and sales of technology products such as the Kite Connect API.