5paisa Capital FY25: Revenue down, profit up amid regulatory shifts

** 5paisa Capital (BSE: 5PAISA) today announced its audited financial results for the quarter and year ended March 31, 2025, revealing a complex picture of decreased revenue alongside increased profitability. While FY25 consolidated income declined 9% year-over-year to INR 359.9 crore, profit after tax rose 25% to INR 68.2 crore. This profit growth stems from a 45% reduction in operating expenses, despite a 37% YoY dip in total income for the quarter ended March 31. The company attributes revenue challenges to the full implementation of SEBI’s derivatives reforms and market volatility, which impacted exchange turnover and retail participation. However, 5Paisa has also improved Customer Satisfaction (CSAT) scores to 93% alongside launching a stock SIP and easing autopay requirements which improve user experience.