Zerodha Capital posted a 78% jump in FY25 profit to ₹12.5 crore, driven by a 3.2x surge in its loan book to ₹381 crore. The NBFC doubled income, maintained zero NPAs, and secured strong credit ratings. Backed by Zerodha’s scale, it plans to expand LAS products, integrate with CAMS, and deepen retail lending in India.