5Paisa Capital Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 13, 2021 at 03:52 pm IST
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5paisa Capital Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 496.108 million compared to INR 268.76 million a year ago. Net income was INR 31.85 million compared to net loss of INR 21.595 million a year ago. Basic earnings per share from continuing operations was INR 1.25 compared to basic loss per share from continuing operations of INR 0.85 a year ago. For the nine months, total revenue was INR 1,446.791 million compared to INR 730.581 million a year ago. Net income was INR 88.304 million compared to net loss of INR 61.948 million a year ago. Basic earnings per share from continuing operations was INR 3.47 compared to basic loss per share from continuing operations of INR 2.43 a year ago.
5paisa Capital Limited is an India-based technology-driven financial service company having mainly an online presence. The Company's business is to provide broking services to its clients in the capital markets in India and all other activities are ancillary to the main business. The Company provides financial products through online platforms and mobile applications. Its customer base mainly comprises retail investors, traders who deal in the securities market and seek do-it-yourself (DIY) services. Its product offering includes broking, mutual funds, wealth management, research products, insurance, Algo Trading, commodities, learning platform (Finschool) and community (Stocky5). Through its Internet terminals and mobile applications, the Company provides its clients with access to its online technology platform for trading in securities and commodities on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE) and Multi Commodity Exchange of India Limited (MCX).
5PAISA CAPITAL LIMITED 
