Groww Parent Posts 54% Profit Growth as Derivatives Share Falls
Billionbrains Garage Ventures reported higher year-on-year profit and revenue, while equity derivatives made up a smaller share of revenue.
Key takeaways
- Consolidated net profit rose 54% to ₹725.65 crore in the September quarter.
- Equity derivatives’ share of revenue fell to 44.8% from 56.9% a year earlier.
Billionbrains Garage Ventures, Groww’s parent, reported consolidated net profit of ₹725.65 crore for the quarter ended September 30, 2026, up 54% from a year earlier. Revenue from operations rose 47% to ₹1,501.53 crore.
Compared with the previous quarter, profit fell 1.3% from ₹735.04 crore, while revenue was flat.
Equity derivatives accounted for 44.8% of revenue, down from 56.9% in the same quarter a year earlier. The platform also received a ₹580 crore investment from State Street Global Advisors during the quarter.
The board approved reclassifying certain promoter group members to the public category, subject to approvals.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
