Groww Q1 Results: Net profit rises 94% YoY to ₹735 crore, revenue climbs 66%

Stockbroker Billionbrains Garage Ventures, which operates Groww, on Wednesday, July 15, reported a 94.28% increase in consolidated profit after tax at ₹735 crore in the June quarter of the financial year 2026-27.

The company earlier had a post-tax profit of ₹378.35 crore in the April-June quarter a year ago, according to an exchange filing. Sequentially, net profit rose 7.09%.

Its revenue from operations was up 66% to ₹1,501 crore in the June quarter. It was at ₹904 crore in the corresponding quarter a year ago. Sequentially, it declined 0.26%.

At an operational level, its EBITDA (earnings before interest, taxes, depreciation, and amortisation) stood at ₹971 crore in Q1 FY27, marking a 100.85% surge from ₹483 crore in the June quarter of FY26.

Groww share price

Shares of Groww were trading 3.39% higher at ₹210.69 apiece on the NSE on Wednesday at 1:14 pm. Its market capitalisation stands at ₹1,32,121.95 crore.

The stock had hit its 52-week high of ₹227.20 per share on April 29, 2026, while its 52-week low of ₹112 per share was recorded on November 12, 2025.

In the past week, the stock gained 9.88% and 1.66% in a month. Year-to-date, it rose 35.73

In a letter to shareholders, the company said that it added 1.15 lakh net clients in the quarter under review. "In mutual funds, we remain the largest distribution platform for direct mutual funds in India, with ₹1.9 lakh crore of direct MF AUM, and our SIP inflows grew 32% YoY, double the industry’s 16%. In stocks, risk controls that we implemented resulted in our ADTO retail market share decreasing QoQ to 15.1% (albeit 3.3pp higher YoY). In commodity derivatives, we have scaled to 28.6% retail market share in Notional ADTO across MCX & NSE," it said.

Speaking about the credit business, Groww said that loans against securities, a relatively new product, continued to scale. "Our credit book grew 11.8%, led by LAS, with the secured book now accounting for 18.5% of the total book, up from 13.5% last quarter. Disbursements through GCS grew 26.1% QoQ, with LAS contributing 35.0% of the disbursements," the regulatory filing said.