istock.com/scyther5
| Photo Credit:
scyther5
Billionbrains Garage Ventures Limited, the parent company of stock broking platform Groww, on Monday reported consolidated revenue from operations of ₹1,505.4 crore for the quarter ended March 31, 2026, a jump of nearly 88 per cent year-on-year and 24 per cent sequentially. Net profit for the quarter stood at ₹686.4 crore, up 122 per cent from the same period last year.
For the full financial year FY26, consolidated revenue from operations reached ₹4,644.6 crore against ₹3,901.7 crore in FY25, while annual net profit came in at ₹2,083 crore. EBITDA for Q4 FY26 stood at ₹938.7 crore, rising 142 per cent year-on-year. The statutory audit by M/s BSR & Co. LLP carried an unmodified opinion.
On the platform side, total transacting users reached 2.16 crore, up 25 per cent year-on-year, while total customer assets stood at ₹3 trillion. Active users grew to 1.67 crore. The company noted that a mark-to-market decline in Q4 caused customer assets to dip 1.1 per cent sequentially despite net inflows of ₹250 billion during the quarter.
Equity derivatives remained the largest revenue contributor at roughly 55 per cent of total income mix. The margin trading facility book grew 22 per cent quarter-on-quarter to ₹2,814.3 crore, even as the broader industry MTF book contracted 7 per cent amid market weakness.
In a separate boardroom development, nominee director Ashish Agrawal resigned effective April 20, 2026, citing his intention to start a new venture capital firm. Agrawal, who had been associated with Groww for seven years, stepped down from the CSR and Stakeholder Relationship Committees as well. The board also approved the appointment of M/s Nilesh Shah & Associates as secretarial auditors for five years beginning FY27, subject to shareholder approval.
Groww’s stocks were trading at ₹198.67 on the NSE on Monday, giving the company a total market capitalisation of approximately ₹1,24,707 crore. The stock has been listed since November 12, 2025.
Published on April 20, 2026
