Groww Q1 Results: Net profit spikes 94% YoY to Rs 735 crore; revenue jumps 66%
Billionbrains Garage Ventures, the parent company of Groww, on Wednesday reported a consolidated net profit of Rs 735 crore in the first quarter of FY27, marking a 94.44% year-on-year (YoY) surge from Rs 378 crore in the same period last year. The net profit is attributable to the shareholders of the company.
Groww’s revenue from operations also witnessed a sharp uptick, rising 66% YoY to Rs 1,501 crore from Rs 904 crore in the corresponding quarter of the previous financial year.
Post earnings announcement, shares of the company surged 5.3% to Rs 215 on the BSE.
