{
  "id": 3521959,
  "title": "Zerodha’s profit stalls; IT’s new deal model",
  "url": "https://urgent.news/2026/08/26/zerodhas-profit-stalls-its-new-deal-model",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T14:02:51.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/newsletters/tech-top-5/zerodhas-profit-stalls-its-new-deal-model/articleshow/133542508.cms"
  },
  "original_language": "en",
  "account": "Zerodha's annual profit remained flat in FY26, staying at Rs 4,283 crore, as its core broking business faced a slowdown. Founder Nithin Kamath attributed the stagnation to a decline in core brokerage income, which fell 10.7% to Rs 2,738 crore, and net transaction charges dropping to zero after exchanges withdrew rebates. Meanwhile, interest income from margin funding nearly equaled brokerage income at Rs 2,269 crore, a testament to the company's growing margin trading facility.",
  "summary": "Zerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today’s ETtech Top 5.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}