Lemonn, the stock broking platform operated by PeepalCo Group, reported a dramatic 800% year-on-year revenue increase to ₹8.97 crore for May 2026.
The figure represents a substantial jump from ₹99 lakh recorded in the same month last year, signaling robust client acquisition and trading activity at a time when the wider Indian broking sector is experiencing a slowdown.
The revenue surge was driven by significant increases in both order volumes and the number of active traders on the platform.
This operational momentum has allowed Lemonn to improve its industry ranking, moving up from 49th place in the previous year's comparable period.
The company's performance stands in stark contrast to the broader market environment, where many competitors are grappling with reduced liquidity and lower engagement levels.
This divergence highlights a shifting competitive landscape in India's digital broking space.