Lemonn’s May revenue jumps 800% YoY to ₹8.97 crore despite derivatives slowdown
PeepalCo Group’s brokerage Lemonn logged sharp gains in retail order volumes and active traders in May, even as derivatives activity slowed across the industry. The platform is targeting 30,000–40,000 net active-client additions per quarter, with growth increasingly driven by users switching from rival platforms.
Indian brokerage Lemonn reported ₹8.97 crore May revenue, up 800% YoY, as active traders and order volumes rose sharply despite an industry derivatives slowdown. It is targeting 30,000-40,000 net active-client additions per quarter, largely through competitor switching.
Why this matters
No related recent Lemonn signals were provided. May revenue growth and active-client targets indicate expansion despite an industrywide derivatives slowdown.
Retail-company signals are accelerating, up 315250% QoQ.