Groww jumps after Q1 PAT rises 94% YoY
Mumbai, July 15 -- On a consolidated basis, net profit increased 7.1% QoQ and 94.28% YoY to Rs 735 crore in Q1 FY27. Revenue from operations declined 0.26% QoQ but rose 66.01% YoY to Rs 1,501 crore.
EBITDA grew 2.9% QoQ and 100.17% YoY to Rs 999 crore, while EBITDA margin improved to 67.8% from 66.08% in Q4 FY26 and 55.19% in Q1 FY26.
Profit before tax increased 6.0% QoQ and 97.2% YoY to Rs 992 crore.
The company's operating performance was supported by continued growth in its customer base. Total transacting users increased 4% QoQ and 24% YoY to 2.24 crore, while total customer assets climbed 22% QoQ and 38% YoY to Rs 3.6 lakh crore. Quarterly net inflows stood at Rs 23,000 crore.
Groww said it added 115,000 net NSE active clients du...
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