Zerodha records over 50% jump in profit, CEO Nithin Kamath thanks bull market

Zerodha co-founder and CEO Nithin Kamath

India's leading online brokerage platform Zerodha has recorded more than a 50 percent jump in both profits and revenues for 2021-22.

Sharing the update on microblogging website Twitter, Zerodha CEO Nithin Kamath, thanked the liquidity-driven bull run in markets for the profitability achieved by the company.

Thanks to the liquidity-driven bull run, we were able to grow >50% in terms of revenue & profitability on an already large base in FY21/22. Every time the press covers our financials, we end up sharing more context to avoid misinterpretation. 1/7

— Nithin Kamath (@Nithin0dha) April 30, 2022