Groww Q1 revenue up 66% to Rs 1,501 crore, net profit surges 94%
16 Jul 2026, 11:19 AMTotal expenses of the company increased 25% to Rs 555.7 cr.ore during the quarter
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Groww recorded a 66% jump in operating revenue to Rs 1,501.4 crore in the first quarter (April-June) of the ongoing financial year ending on March 31, 2027 from Rs 904.4 crore in the corresponding quarter last fiscal year.
The investment technology platform's net profit surged 94.3% to Rs 735 crore during the June quarter from Rs 378.4 crore a year earlier, according to the company's filings with the stock exchanges.
Total revenue, including other income, rose to Rs 1,548.7 crore in the quarter from Rs 935.8 crore in the year-ago period.
Total expenses of the company increased 25% to Rs 555.7 crore during the quarter from Rs 444.5 crore in the corresponding period of the previous fiscal.
Groww reported a 101% year-on-year increase in EBITDA to Rs 971 crore in Q1 FY27. The company also added 115,000 net new clients during the quarter and reported mutual fund assets under management (AUM) of Rs 1.9 lakh crore.
Founded by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal, Groww was listed on the stock exchanges last year.
Recently, Groww launched MF Prime, an AI-powered mutual fund advisory product, while newer offerings such as margin trading facility (MTF), commodity derivatives, and loans against securities (LAS) continued to contribute to its revenue diversification and growth.
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