Dhan parent Raise Securities posts Rs 905 crore revenue, profit down 20% in FY26 (opens original article in a new tab)

Raise Securities, parent of Dhan, saw revenue rise 14% to Rs 905 crore in FY26 but profit fell 20% to Rs 326 crore due to higher expenses and regulatory pressures.

• Raise Securities reported Rs 905 crore revenue in FY26, up 14% year-on-year.
• Profit after tax declined 20% to Rs 326 crore due to higher expenses and regulatory challenges.
• Derivatives trading accounted for 70% of net operating income, with a sharp rise in turnover from Rs 0.58 lakh crore in FY23 to Rs 11.87 lakh crore in FY26.