Groww Share Price Jumps Nearly 6% After Billionbrains Garage’s Q1 Profit Soars 94% to Rs 735 Crore; Revenue Jumps 66% YoY
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Billionbrains Garage Ventures Ltd., the parent company of online investment platform Groww, reported a robust financial performance for the first quarter of FY27, driven by strong revenue growth and improving profitability across its expanding suite of financial products.
The company posted a consolidated net profit of Rs 735 crore for the quarter ended June 30, 2026, marking a 94% increase from Rs 378 crore reported in the corresponding quarter of the previous financial year.
Revenue also registered strong growth during the quarter. Revenue from operations rose 66% year-on-year to Rs 1,501 crore, compared with Rs 904 crore in Q1FY26, reflecting healthy business momentum despite a relatively slower environment for retail trading activity.
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Groww Share Price Today
Following the earnings announcement, investor sentiment remained positive.
At 3:05 PM IST on July 15, shares of Billionbrains Garage Ventures Ltd. (Groww) were trading at Rs 215.88, up 5.93% for the day. The stock opened at Rs 205.00, touched an intraday high of Rs 219.62, and recorded a low of Rs 201.67, as investors cheered the company’s strong quarterly earnings and sustained revenue growth.
Operating Performance Strengthens
Groww’s profitability improved at a faster pace than its revenue, highlighting stronger operating efficiency during the quarter. The company reported EBITDA of Rs 971 crore, representing an increase of more than 100% from Rs 483 crore a year earlier.
On a sequential basis, earnings also moved higher. Net profit increased from Rs 686 crore in the March quarter, while EBITDA also improved over the previous three months, indicating continued business stability.
The company has gradually diversified its revenue mix beyond traditional equity broking. Higher contribution from products such as commodity derivatives, margin trading facility (MTF) and other financial services helped support overall earnings growth.
Mutual Fund Business Continues to Expand
Groww continued to strengthen its presence in the mutual fund segment during the quarter. The platform maintained its leadership in direct mutual fund distribution, with assets under management reaching Rs 1.9 lakh crore.
Systematic Investment Plan (SIP) inflows recorded healthy annual growth, reflecting sustained investor participation despite market volatility. The company also reported the addition of around 1.15 lakh net new clients during the quarter, supported by improved customer retention and continued demand for its digital investment platform.
Management indicated that expanding customer engagement across multiple investment products remains a key growth strategy as the retail investing ecosystem continues to evolve.