Stories
Groww Reports 54 Percent Jump in Q2 Net Profit to Rs 725 Crore
- •Billionbrains Garage Ventures, Groww's parent company, reported a consolidated net profit of Rs 725 crore for the September quarter of FY 2027.
- •Revenue grew by 44 percent to reach Rs 1,541 crore compared to Rs 1,071 crore in the same period last year.
- •The strong financial performance comes despite the impact of SEBI's Closing Auction Session on derivatives trading volumes.
- •Equity derivatives contribution to revenue dropped to 45 percent, showing successful diversification into other segments.
- •Growth was further supported by the rapid scaling of the Margin Trading Facility and commodities trading.
Key Questions Answered
Billionbrains Garage Ventures, Groww's parent company, reported a consolidated net profit of Rs 725 crore for the September quarter of the financial year 2027, marking a 54 percent rise. During the same quarter, the company recorded a revenue of Rs 1,541 crore, reflecting a 44 percent growth compared to Rs 1,071 crore reported in Q2 of FY 26.
The recent SEBI initiative to introduce a Closing Auction Session impacted derivatives trading volume across all brokers. Consequently, the contribution of equity derivatives to Groww's revenue declined to 45 percent during the September quarter, down from roughly 57 percent during the same period last year.
Groww was able to post strong financial numbers despite regulatory headwinds due to the rapid scaling of its credit product Margin Trading Facility and its commodities trading business.
