New Delhi, April 22 -- Billionbrains Garage Ventures Ltd (Groww) shares jumped over 10% on Tuesday during trading hours, hitting a new high of Rs.216.75 apiece. Investors seem excited about better revenue growth prospects for FY27, aided by a slightly softer base. Groww's FY26 consolidated revenue grew by 19% year-on-year to Rs.4,644 crore, and net profit was up 14% to Rs.2,083 crore.
After Q4FY26's encouraging results, announced on Monday, some analysts have raised their FY27 and FY28 earnings-per-share estimates a tad. Aided by higher MTF (margin trading facility) and commodity derivatives revenues that are relatively newer product segments, Groww's Q4 net profit increased 25% quarter-on-quarter to Rs.686 crore, beating estimates.
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