Billionbrains Garage Ventures Q2 Net Profit Rises 54% to ₹725 Crore
Billionbrains Garage Ventures Limited (NSE:GROWW), the parent entity of trading platform Groww, reported a 54% year-on-year rise in consolidated net profit to ₹725 crore for the second quarter of FY27. Operations revenue grew 44% to ₹1,541 crore from ₹1,071 crore in the previous year, despite regulatory adjustments impacting market-wide derivatives volume.
The company expanded its business beyond equity derivatives to build a broader income base. The share of equity derivatives in total revenue declined to 44.8% from 56.9% a year ago, while commodities trading and margin trading facilities expanded their contributions to 6.2% and 10.1%, respectively. Additionally, customer assets reached ₹3.9 lakh crore alongside market share gains across mutual funds and margin trading.
Investors will look at how regulatory updates continue to shape derivative activity across stockbroking platforms. The market will also track whether Groww's expanding asset management division and growing systematic investment plan inflows maintain their recent momentum.
Key points
- Q2 FY27 consolidated net profit surged 54% year-on-year to ₹725 crore, up from ₹471 crore in the same period last year.
- Revenue from operations increased by 44% year-on-year to reach ₹1,541 crore in the September quarter.
- Revenue share from equity derivatives dropped from 56.9% to 44.8% as commodities and margin trading facility contributions increased.
- Total customer assets grew 46% year-on-year to ₹3.9 lakh crore across 2.4 crore transacting users.
- Groww AMC assets under management climbed 145% year-on-year to reach ₹7,179 crore.
Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org
How we writeDisclaimerQuestions and answers
What was Groww parent company's Q2 net profit?
Billionbrains Garage Ventures reported a consolidated net profit of ₹725 crore for Q2 FY27, representing a 54% increase from ₹471 crore in the same quarter of the previous year.
How much did Groww's Q2 revenue grow?
Revenue from operations grew 44% year-on-year to ₹1,541 crore in the September quarter of FY27, up from ₹1,071 crore in Q2 FY26.
How is Groww diversifying its revenue source away from equity derivatives?
Groww reduced its reliance on equity derivatives, lowering its revenue share from 56.9% to 44.8%, while expanding commodities trading to 6.2% and margin trading facilities to 10.1% of total revenue.