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Results · Financial Services

Groww shares rise after RBI defers broker norms

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Groww logo
Date
Company
Groww
What it does
Online investment and trading platform
Kind
Results
Stage
public
Sector
Financial Services

What they do

Groww is an online platform for demat accounts, trading, and mutual fund investments in India

What happened

Its shares rose 7.53% to ₹161.40 on BSE after the RBI deferred new liquidity rules for brokers to July 2026

Why it matters

The company reported Q3 FY26 net profit of ₹547 Cr, down 28% year-on-year, but revenue grew 25% to ₹1,216 Cr

The details

  • Groww's shares rose 7.53% to ₹161.40 on the BSE on 1 April 2026.
  • The rise followed the RBI deferring new liquidity norms for brokers to 1 July 2026.
  • Groww's market capitalisation stood at ₹1,01,695 Cr ($10.89 Bn) at close on that day.
  • The company reported Q3 FY26 net profit of ₹547 Cr, down 28% year-on-year from ₹757 Cr.
  • Its market cap at close on 1 Apr 2026 was ₹1,01,695 Cr ($10.89 Bn).
  • Sequentially, net profit rose 16% from ₹471.3 Cr, and revenue rose 18% from ₹1,070 Cr.

The bigger picture

  • The RBI's deferral of liquidity norms gave relief to brokerages like Groww.
  • The stock market reacted positively to the regulatory reprieve.
  • Groww's sequential profit growth shows operational improvement despite a year-on-year dip.

About the business

  • Groww is an online demat, trading, and direct mutual fund investment platform in India.
  • It offers stocks, ETFs, IPOs, margin trading (MTF), futures & options (F&O), commodities, mutual funds, bonds, and loans.
  • The company claims 2 crore+ active investors and 130,834,586+ Indians trust it.
  • Groww makes money through brokerage fees, transaction charges, and other financial services.

Founders

  • Lalit Keshre, Co-founder
  • Ishan Bansal, Co-founder
  • Harsh Jain, Co-founder
  • Neeraj Singh, Co-founder

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