‘Groww’, a famous trading platform among stock market investors, has created a stir in the market with its excellent quarterly results. Grow’s parent company ‘Billionbrains Garage Ventures’, which was recently listed in the stock market, has registered a whopping profit of 94 percent in the first quarter (Q1FY27) of the financial year 2026-27. The direct impact of this huge earning was also seen on the shares of the company, which jumped by 4 percent. Along with huge profits, the number of customers transacting on Grow’s platform has crossed 22 million.
Grow made excellent earnings in the April-June quarter
If we look at the financial data of the company, the net profit of Grow in the April-June quarter was at an excellent level of Rs 735 crore. Last year, in the same quarter, the company had earned Rs 378 crore, which means there has been a huge jump of 94 percent in profits. This is also 5 percent more than the previous quarter of January-March (Rs 696 crore).
Along with the profit, the total income of the company has also increased by 66 percent to Rs 1,501 crore. However, compared to the previous quarter, a slight decline of 0.2 percent has been recorded in the income. Apart from this, the EBITDA of the company has more than doubled to Rs 971 crore.
Investor confidence is increasing rapidly
The trust of common investors on Grow’s platform is continuously strengthening. In the first quarter, the company’s total number of ‘transacting users’ increased by 24 percent to 22 million. The category of ‘Transacting Users’ includes those customers who have invested or deposited at least Rs 1,000, or have taken a loan from the platform for the first time. With this, the number of active customers of Grow stood at 1.7 crore. The total customer assets held by the company has also reached a record level of Rs 3.6 lakh crore with a strong jump of 38 per cent.
Shares gained momentum
The stock market also rewarded these excellent results handsomely. As soon as the report came, Grow’s shares registered a rise of 4 percent during intra-day trading. The company’s shares have risen by more than 21 percent in the last six months, while so far this year it has given excellent returns of about 36 percent to investors.
The company is now not limiting its business to just equity derivatives but is also rapidly expanding into segments like Margin Trading Facility (MTF) and commodity derivatives. The company’s stake in the shares segment has reached Rs 15,801 crore (an increase of 15%) and in mutual funds it has reached Rs 13,229 crore.
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