Groww Q2: Profit Jumps 54% YoY To ₹725 Cr, Revenue Rises 47%
Investment tech company Groww’s consolidated net profit jumped 54% to ₹724.7 Cr in the second quarter of FY27 from ₹471.3…
Groww, the investment technology firm, witnessed a remarkable surge in its financial performance during the second quarter of FY27. Consolidated net profit soared by 54% to ₹725 crore, marking a significant improvement from ₹471.3 crore in the same period last year. Operating revenue also experienced a substantial increase of 47.4% to ₹1,501.5 crore, compared to ₹1,018.7 crore in Q2 FY26.
Interestingly, despite this impressive growth, profit dipped by 1.4% compared to ₹735 crore in the previous quarter, a trend that carried over to the current quarter. This decline was attributed to a decrease in other income from ₹47.3 crore in Q1 FY27 to the current figure. Total expenses, however, remained stable, contributing to the overall profit decline.
The year's total income reached ₹1,540.5 crore, up from ₹1,070.8 crore a year ago, while the preceding quarter's income stood at ₹1,548.7 crore.
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