India, April 22 -- Over the past few years, Groww has made strategic moves to diversify revenue and reduce reliance on a few verticals. These efforts now seem to be showing early results for India's largest broker. But, before delving into that, here's a look at the company's headline numbers for Q4 FY26.

Groww reported a 122% YoY rise in its consolidated net profit to Rs.686.4 Cr, driven by margin expansion, market share gains, and growing traction for newer products. Its operating revenue surged 88% YoY and 24% QoQ to Rs.1,505.4 Cr during the quarter under review.

The company's core offerings, equity derivatives and stocks, continued to contribute the bulk of revenue in the March quarter. While the Indian equity markets were under pre...