Fintech Leader Groww Reports Strong Q1 FY27 Results; Net Profit Surges 94% To Rs 735 Crore

Groww (Billionbrains Garage Ventures) reported Q1 FY27 net profit of Rs 735 crore, up 94.3% YoY.

Revenue from operations rose 66% to Rs 1,501 crore, driven by mutual funds, equity derivatives, and credit lines.

Direct mutual fund AUM reached Rs 1.9 lakh crore; SIP inflows grew 32% YoY to Rs 29.78 billion.

Commodity derivatives retail market share reached 28.6% in notional ADTO.

Groww Creditserv's Loans Against Securities product accounted for over one-third of on-book disbursements.