GROWW FINANCIAL RESULTS
Infosys weighs CEO change; Groww's Lalit Keshre on next growth bets
Happy Wednesday! Infosys is set to discuss CEO Salil Parekh's tenure and a succession roadmap as it reports Q4 results. This and more in today's ETtech Morning Dispatch.
Apple CEO Tim Cook steps down; HCLTech Q4 report
After 15 years at the helm of Apple, Tim Cook will step down to make way for insider John Ternus. This and more in today's ETtech Top 5.
Groww grants Esops worth around Rs 51 crore after strong Q4 results
Fintech firm Groww has issued 24.32 lakh employee stock options valued at approximately Rs 51 crore. This follows the company's strong Q4 FY26 results, which showed an 87% revenue increase and more than doubled net profit. Groww is also focusing on AI for product development with a lean team.
Groww shares jump 10% after Q4 net profit soars 122%. What are Jefferies, Motilal Oswal saying?
Billionbrains Garage Ventures shares jumped a staggering 10% after reporting a 122% YoY surge in Q4 net profit to Rs 686 crore, driven by strong revenue growth and operating leverage. Brokerages remain divided, with Jefferies maintaining a Buy rating and raising its target price, citing a strong recovery in trading activity and profitability.
Angel One shares rise 15% in just one week! Should investors buy after Q4 results?
Angel One shares saw a slight uptick, recovering from a prior dip and showing a significant rally over the past week. The company reported strong year-on-year growth in net profit and gross revenue, driven by increased client participation and digital platform usage.
Tata Digital CEO on company's reset; Groww doubles net profit in Q4
Happy Tuesday! Tata Digital CEO Sajith Sivanandan spoke to us exclusively about the ongoing restructuring at the company under him. This and more in today's ETtech Morning Dispatch.
- Go To Page 1
Groww Q4 FY26 results: Operating revenue surges 87%, net profit more than doubles
Billionbrains Garage Ventures, operating Groww, saw operating revenue surge 87% to Rs 1,505 crore in the March quarter of FY26. Full-year revenue reached Rs 4,644 crore. Net profit more than doubled to Rs 686 crore in the quarter. The company invested Rs 961 crore to acquire wealthtech startup Fisdom, bolstering its wealth management offerings.
Groww's strong Q4; Iran conflict hits India's GCCs
Fintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
Groww Q4 Results: Profit soars 122% YoY to Rs 686 crore, cashing in on market crash and Iran war
Groww Q4 Results: Groww's parent company, Billionbrains Garage Ventures, announced a significant 122% year-on-year profit increase to Rs 686 crore for the March quarter. Revenue also surged 87% to Rs 1,505 crore. This strong performance was fueled by user growth and increased trading activity, especially in derivatives. Customer assets on the platform grew substantially, demonstrating continued investor confidence and platform engagement.
Groww, world’s most expensive broking stock, to face earnings test today after doubling from IPO price
Billionbrains Garage Ventures (Groww) is set to report earnings Monday, with investors questioning whether its rich valuation is justified. The stock has surged 29% this year. Analysts expect net income to double to Rs 6.6 billion, but its 43x forward P/E—higher than Robinhood, Interactive Brokers and Angel One—will keep scrutiny on the sustainability of growth.
Boosting Rs 1.8 cr retirement corpus to Rs 9.1 cr: How your 8% salary hike can easily increase your SIP by 20%
Boosting SIP investments beyond salary hikes can significantly amplify wealth creation. Increasing SIPs by 20% annually, compared to a flat investment or an 8% increase, can generate substantially larger corpuses over two decades. This strategy combats lifestyle inflation and enhances financial security.
BSE, Groww, Motilal and Angel One shares rally up to 8%. What's the good news?
Shares of BSE, Motilal Oswal Financial Services, Groww, and Angel One surged after the Reserve Bank of India delayed stricter liquidity norms by three months to July 2026. The move provides relief to brokers by allowing continued use of margin-backed bank guarantees, easing regulatory pressure amid new transaction taxes and upcoming MTF rule changes.
Capital market stocks shine in FY26; MCX India tops chart with 143% rally
India’s capital markets stocks delivered strong gains in FY26, with the Nifty Capital Markets Index rising 35%, making it the second-best performing sector after PSU banks. Multi Commodity Exchange of India led the rally with a 143% surge, while brokerages, exchanges, and wealth management firms benefited from rising investor participation.
Groww doubles down on wealth management, lending to diversify revenue base: CEO Lalit Keshre
Groww is stepping up focus on wealth management and lending to reduce dependence on its core broking business, said cofounder and chief executive Lalit Keshre. Lending contributes 6% of revenues, around Rs 232 crore annually, he said. Stock and equity derivatives declined to 73%, indicating a gradual diversification of income streams.
Clean Max Enviro Energy IPO Day 3: Subscribed 92%, GMP, brokerage outlook and key highlights
Clean Max Enviro Energy Solutions' IPO saw 92% subscription on its final day, driven by strong QIB demand despite subdued retail interest. The grey market premium suggests modest listing gains. The company, India's largest renewable energy provider for C&I segments, aims to use IPO proceeds for debt reduction.
More leveraged deals, lower base effect spur brokerage recovery in Q3
Indian stockbrokers saw improved revenues and profits in the third quarter. Trading volumes increased, boosted by leveraged deals and higher interest income. Exchanges like BSE and NSE also reported growth. This performance was supported by strong activity in cash and derivatives markets, as well as healthy primary market participation. Volatility in commodities also lifted trading volumes.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian benchmarks rebounded, snapping recent losses as financial, energy and pharma stocks advanced. The BSE Sensex and Nifty 50 gained strongly, though broader market breadth remained negative with more declines than advances despite bullish technical signals.
Explained: What new RBI norms mean for BSE, MCX, stock brokers and prop traders
The Reserve Bank of India’s sweeping overhaul of collateral and funding norms is set to reshape market dynamics, sharply raising costs for proprietary traders while sparing most retail brokers. Analysts say the tightening will hit different market participants in vastly different ways. Shares of BSE, Angel One, MCX and Groww tumbled as analysts warned of lower liquidity and earnings pressure.
PB Fintech's Q3 profit jumps; Budget's tech infra push
PB Fintech reported sharp growth in profits and revenue for the October-December quarter. This and more in today's ETtech Top 5.
Groww shares slide nearly 5% after Budget raises STT on F&O trades
Billionbrains Garage Ventures, Groww's parent, saw its shares tumble following the Union Budget's hike in Securities Transaction Tax on futures and options. The increased STT rates, impacting derivatives trading, led to a broad sell-off in brokerage and exchange stocks. While potentially equity-positive long-term, the move could cause short-term portfolio rebalancing.
Groww shares surge 4% on positive brokerage commentary post Q3 results. Should you buy, sell, or hold?
In a surprising twist, Billionbrains Garage Ventures' stock surged on Friday despite a reported profit decline for Q3 of fiscal 2026. The notable increase in revenue, driven by market share expansion, impressed brokerages. Positive sentiments were echoed as Groww fortified its position in both stock and derivatives markets, with SIP inflows witnessing a remarkable uptick.
Groww ropes in US-based State Street as strategic investor with Rs 580 crore AMC deal
Groww has partnered with US-based State Street Global Advisors, which will invest up to Rs 580 crore in Groww AMC through primary and secondary shares. The deal, involving up to 23% stake dilution, strengthens Groww’s mutual fund business, supporting expansion, global collaboration, and enhanced product offerings for Indian investors.
Stocks in news: Infosys, Groww, HDFC AMC, ICICI Lombard, Waaree Renewable
Indian markets closed slightly lower on the weekly expiry day amidst mixed signals. Analysts advise a cautious approach, suggesting selling on rises until the Nifty reclaims the 26,000 level. A breach of the 100-day EMA near 25,600 could lead to further declines. Several companies like Infosys and HDFC AMC will announce their third-quarter results today.
Groww Q3 Results: Cons net profit drops 28% YoY to Rs 547 crore due to one-off, but revenue up 25%
Groww Q3FY26 Results: Groww parent Billionbrains Garage Ventures reported a 27.8% YoY drop in consolidated profit for Q3 FY26, impacted by a one-time gain in the base quarter. Revenue rose 24.8% YoY, and the platform continued to gain traction with strong growth in active users, market share, customer assets and trading activity across segments.
NFO Update: Groww Mutual Fund announces rollout of smallcap fund
India’s economy is undergoing a broad-based transformation, with strengthening physical, financial and technological infrastructure reshaping opportunities for businesses across the size spectrum.
Groww shares gain 3% as Motilal Oswal initiates coverage with Buy rating. Here are 4 reasons
Billionbrains Garage Ventures, the parent of Groww, saw its shares rally after Motilal Oswal initiated coverage with a Buy rating. Analysts are bullish on Groww's market share gains in broking and derivatives. The company is expanding its affluent customer base and wealth management offerings. Robust financials and attractive valuations are also key factors.
Groww Q2 results today: What to expect as the market awaits first post-listing scorecard
Groww reports its first earnings post-listing amidst a volatile market and a challenging brokerage sector. Despite industry-wide trading slowdowns and regulatory impacts, Groww's large user base and cross-selling efforts may support stable revenue growth. Investors await management commentary on future growth drivers and profitability.
Groww’s 10-year journey to an IPO: From mutual fund seller to stock market leader
While startups have been queuing up to join the public markets, Bengaluru-based Groww, founded in 2016, will be one of the youngest Indian fintech ventures to go public, joining the ranks of PB Fintech, Paytm and Mobikwik.
Grow, 'Groww', Grown. But what's the growth path ahead?
Groww launches its IPO today, aiming to raise Rs 6,632 crore. The investment platform, a market leader in India, faces regulatory challenges, particularly concerning futures and options trading, which has historically driven its growth. Despite these headwinds, Groww is diversifying its offerings to ensure continued expansion.
Load More
