Impact of SEBI's new transparent pricing circular on the broking industry

[nithin]

@deepak_arora1

HI nithin… let us hv some fair talk, the total burden on zeordha due to this “true to label” is not going to cost more than 50 cr for zerodha… zerodha earned 2900 cr as net profit in FY 23 and
4900 cr in FY 24 … so taking a hit to 50 cr is not big hit for zerodha and zerodha can easily bear it…
it is different thing that you want to use this opportunity to skim more profits for zerodha and thus yourself… that all… you may be slowly moving form profit to profiteering …

this is the truth… unfortuantely legally you can sure charge more … morally may be not

Hmm… you are clearly wrong. You haven’t tracked that the impact would be 10% of revenue. It is not 50 cr, it was closer to 800cr.

[Jamrania]

Absolutely true.