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Groww Q1 profit jumps 94% to ₹735 crore

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Groww logo
Date
Company
Groww
What it does
Groww Q1 results
Kind
Results
Amount
₹735 crore profit
Stage
Q1 FY27
Based in
Bengaluru

What they do

Groww's June-quarter net profit came in at ₹735 crore, up 94% from ₹378 crore a year earlier

What happened

Compared with the March quarter's ₹686 crore, profit grew 7%, and the number of transacting users rose 24%

Why it matters

Margin trading and commodity derivatives added more to revenue, as the firm reduces reliance on equity derivatives

The details

  • Q1 FY27 profit was ₹735 crore, up 94%.
  • Transacting users grew 24%.
  • Revenue is diversifying away from equity derivatives.

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