5paisa Capital Q4 Review - Capital Raising To Aid Business Growth Ahead: ICICI Direct
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ICICI Direct Report
5Paisa Capital Ltd. reported a mixed set of Q4 FY21 numbers wherein the broking segment showed healthy momentum while non-broking business performance remained flat.
Revenue remained sequentially flat at Rs 49.5 crore, on account of 23% and 4% QoQ fall in allied broking and cross sales income, respectively.
Allied broking income declined due to a reduction in annual maintenance charges to nil from Rs 45 per month earlier for holdings up to Rs 2 lakh while for customer holdings above Rs 2 lakh will be charged Rs 25 per month.
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