Groww shares surge 4%: Q1FY27 net profit jumps 94%, transacting user count climbs 24%

The recently listed parent company for Groww, Billionbrains Garage Ventures, posted profit in the June quarter. Its Q1FY27 net profit came in at Rs 735 crore, surging 94% year-on-year from Rs 378 crore reported in the same quarter a year ago. On a sequential basis, its profit expanded by 7% from Rs 686 crore reported in Q4FY26. The shares surged 4% intra-day.

In Q1, the company saw increased contribution from MTF (+1.1pp QoQ) and Commodity Derivatives (+0.4pp QoQ), driven by deeper product penetration and adoption. It expects “trend of revenue diversification away from Equity Derivatives to continue, offsetting the volatility-driven spike that we alluded to last quarter,” as per the investor presentation.