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Groww Q1 Results: Net profit spikes 94% YoY to Rs 735 crore; revenue jumps 66%

Markets-Economic Times · 2h ago · 🇮🇳 India
Groww Q1 Results: Net profit spikes 94% YoY to Rs 735 crore; revenue jumps 66%

Billionbrains Garage Ventures, Groww's parent, posted a Rs 735 crore net profit. This marks a substantial 94.44% year-on-year increase in earnings. Groww's revenue from operations also saw a sharp 66% rise. The company's revenue reached Rs 1,504 crore in the first quarter. Net profit grew seven percent sequentially to Rs 735 crore.

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