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Informative

Upstox profit jumps 8X to Rs 190 Cr in FY24

Update / Judgement Date

31 Jan 2025

Source

Entrackr

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementStart-Up & DPIIT

Upstox, a prominent fintech firm, reported an eightfold increase in profits to INR 190 crore in FY24. The growth in earnings reflects the company’s success in capturing a larger market share in the stock trading and investing space. This performance highlights the strong demand for investment services and fintech platforms in India, especially in a year marked by economic uncertainty and fluctuating market conditions.