Dhan parent Raise Securities' FY26 net profit falls 20% to Rs 326 crore (opens in new tab)

Raise Securities, the stockbroking firm behind trading platform Dhan, reported a 20% decline in net profit to Rs 325.8 crore in FY26, even as its net operating revenue rose 14% year-on-year to Rs 904.9 crore.The company's profit fell from Rs 408.1 crore in FY25, while its net worth increased 55% to Rs 916.1 crore, according to an ICRA ratings report.ICRA said Raise Securities continued to post healthy profitability despite regulatory curbs on index derivatives trading and softer market condit...