Groww Reports Bumper Q4 Result; Net Profit Doubles  

Mumbai, April 20: Groww’s parent firm, Billionbrains Garage Ventures Ltd, reported consolidated net profit (after taxation) of ₹686.35 crore for the quarter ended March 31, 2026 (Q4 FY26), up 122% year-on-year compared to ₹309.09 crore in Q4 FY25, according to a board-approved audited financial result summary.

Quarterly net profit at Groww has jumped sharply as the Bengaluru-headquartered company went public on NSE and BSE in November 2025. Groww began as an online mutual fund distribution platform and has transformed itself into a comprehensive digital financial services platform.

Key Highlights

Revenue from operations, which excludes other income, nearly doubled at 87.9% to ₹1,505.37 crore from ₹801 crore in Q4 FY25. Total Income Increased by 80.7% to ₹1,535.54 crore from ₹849.57 crore reported in Q4 FY25.

• Other income at ₹30.17 crore
• Total Expenses ₹599.18 crore versus ₹435.36 crore a year ago

Profit before tax grew 126% to ₹935.70 crore compared to ₹415.35 crore a year ago due to high operating leverage, or the percentage increase in profits relative to the increase in revenues. Consolidated total income increased 18.6% to ₹4,815.88 crore from ₹4,061.65 crore a year ago and consolidated net profit after tax grew 14.2% to ₹2,083 crore from ₹1,824.37 crore for FY26.

Business Expansion

Groww plans to use IPO proceeds for expansion of its NBFC subsidiary Groww Creditserv Technology with an investment of ₹85 crore which will increase lending capacity of the NBFC subsidiary. It also invested ₹85 crore in Groww Invest Tech which is the technology platform backing Groww’s Margin Trading Facility (MTF) business.

Groww’s MTF book has been driving loans in the overall loan portfolio. Loans in the consolidated balance sheet stood at ₹3,510.05 crore as of March 31, 2026, compared ₹1,055.27 crore on March 31, 2025, indicating high appetite among retail investors who trade on margin. Margin accounts are used by investors to trade with leverage.

Acquisitions & Investments

In October last year, Groww acquired Finwizard Technology, a broking platform. Groww paid ₹961.05 crore for 100% stake in Finwizard. The acquisition helped Groww expand its broking business and add high networth individual (HNI) customers. The allocation of purchase consideration towards HNI customers is ₹628.30 crore while ₹366.10 crore has been allocated towards retail customers and broking relationships.

Global asset management giant State Street Global Advisors (SSGA) has agreed to invest ₹580.03 crore ($72.2 million) in Groww Asset Management (Ground Floor FZE), a Dubai-based asset management venture that plans to launch mutual funds in India. The Competition Commission of India (CCI) has already approved the deal in March this year.

Stock Movement On Monday

Shares of Groww began the day with strong gains on the bourses on Monday as buying interest came in at the opening bell and continued till about 10 am. Groww opened at ₹201 against its previous close of ₹198.34 and moved past ₹200 to touch ₹205.55 during the first hour of trade. Post the gains seen during early morning session, selling pressure built-up during mid-morning into early afternoon hours.

Stock turned red and fell to an intra-day low of ₹193.52, significantly below its previous close, before recovering to ₹197.53 by late-afternoon trade — down ₹0.81 or 0.41% on the day. At ₹199.39, the VWAP (Volume Weighted Average Price) indicates average price discovered was largely unchanged during the trading session despite intraday volatility of over ₹12 between the intra-day high and low of the security.

Source:

• https://www.bseindia.com/xml-data/corpfiling/AttachLive/4a9052e4-b8ab-4c34-bcdb-b800af00b2e9.pdf
• https://www.nseindia.com/get-quote/equity/GROWW/Billionbrains-Garage-Ventures-Limited
• https://www.nseindia.com/get-quote/equity/GROWW/Billionbrains-Garage-Ventures-Limited