Top 5 tech and startup stories of the day
Zerodha reported flat profit and revenue for FY26, with brokerage income declining 10.7% year-over-year and net transaction charges hitting zero. The company's margin trading facility, launched in December 2024, generated Rs 9,000 crore and contributed about 10% of its revenue. However, the margin trading business has caused concerns, with clients borrowing roughly Rs 6,000 crore, which is a quarter of Zerodha's net worth.
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- Top 5 tech and startup stories of the day economictimes.indiatimes.com