Zerodha, the Bengaluru-based online stock trading platform, has reported significant financial growth for the fiscal year 2023-24, achieving a revenue of Rs 8,320 crore, a 21% increase from the previous year. The company also saw a 62% rise in profits, amounting to Rs 4,700 crore, with a profit margin of approximately 57%. Despite this growth, CEO Nithin Kamath has indicated that Zerodha is anticipating a major revenue dip due to upcoming regulatory changes, which could result in a 40-60% revenue loss. Kamath also addressed the company's decision to hold off on an IPO, citing concerns about investor expectations. Additionally, Zerodha is planning to invest more in content creation and diversification to ensure predictable revenue streams. The company reported a revenue of Rs 8,000 crore with over a 50% profit margin in FY24 and Rs 4,500 crore in profit. Zerodha's customers hold over Rs 5.66 trillion in demat accounts.