Brokers’ profits zoom as retail trading takes wing

Motilal Oswal Fin posted a 70 per cent jump in revenues at Rs 2,108 crore and 262 per cent growth in profits to Rs 197 crore for the year ended March 2021. ICICI Securities has delivered 52 per cent YoY growth in revenue at Rs 2,585 crore in FY21 while profits doubled to Rs 537 crore.

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