Interest income contributes 32% of Zerodha revenue: How it compares with Groww, Angel One
New Delhi, Oct. 28 -- Zerodha derived 32% of its revenue from interest income on customer funds in FY26, making it a significant contributor to the country's largest broking firm's topline. The share was more than four times that of listed rival Groww, while Angel One earned around 31% of its revenue from interest income during the year.
Zerodha reported revenue of Rs.8,500 crore and net profit of Rs.4,300 crore in FY26, as it reduced its dependence on broking revenue amid regulatory curbs on derivatives trading.
Broking accounted for 44% of Zerodha's total revenue in FY26, down from 70% in FY21. In comparison, more than 70% of Groww's revenue came from broking, while the share for Angel One was a little under 60%.
Angel One's interest...
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