Groww Shines in Q1 FY27: PAT Jumps 94% to ₹735 Cr as Income Hits ₹1,549 Cr

BY ADMIN • FILED 15 Jul 2026, 4:06 PM

Billionbrains Garage Ventures Limited, the parent company of India’s leading investment platform Groww, delivered an impressive financial performance for the first quarter of FY2026-27, driven by strong user growth, expanding product offerings, and improved operating leverage.

For the quarter ended June 30, 2026, the fintech company reported robust growth across revenue, profitability, and customer assets, highlighting the continued strength of its digital-first investment platform despite a softer industry environment.

Financial Performance Highlights

Groww posted significant year-on-year (YoY) growth across all major financial metrics during Q1 FY27.

Total Income: ₹1,549 crore, up 63% YoY from ₹948 crore.
EBITDA: ₹971 crore, registering a 101% YoY increase from ₹483 crore.
Profit After Tax (PAT): ₹735 crore, soaring 94% YoY compared with ₹378 crore.
PAT Margin: Expanded to 47.5%, an improvement of 7.6 percentage points over the previous year.

The sharp rise in profitability reflects the company’s ability to scale efficiently while benefiting from strong operating leverage across its business.

Customer Base and Assets Continue to Grow

Groww continued to expand its customer franchise, adding 115,000 net new clients during the quarter despite an industry-wide slowdown.

Key operational highlights include:

Total Transacting Users: Increased 24% YoY to 2.2 crore.
Customer Assets: Rose 38% YoY to ₹3.6 lakh crore.

The steady growth in users and assets demonstrates the platform’s growing popularity among retail investors across India.

Maintains Leadership in Direct Mutual Funds

Groww retained its position as India’s largest direct mutual fund distribution platform, managing approximately ₹1.9 lakh crore in Assets Under Management (AUM).

Other mutual fund milestones include:

SIP inflows increased 32% YoY, nearly double the industry’s growth rate.
Market share in mutual fund SIPs improved to 15.1%.

These figures reinforce Groww’s leadership in India’s rapidly expanding mutual fund ecosystem.

Expands Presence Across New Businesses

The company continued to diversify beyond equity investing by strengthening its presence in several high-growth segments.

During the quarter, Groww:

Achieved a 28.6% retail market share in commodity derivatives based on Notional Average Daily Turnover (ADTO) across MCX and NSE.
Introduced MF Prime, an AI-powered mutual fund advisory solution designed to offer personalized investment recommendations.
Reported healthy growth in its Loans Against Securities (LAS) business, expanding its consumer lending portfolio.

Strategic Investment Boosts Asset Management Business

Groww also received regulatory approvals from SEBI and the Competition Commission of India (CCI) for State Street Global Advisors’ strategic investment in Groww Asset Management Company.

The asset management business recorded nearly 140% year-on-year growth in AUM, reflecting increasing investor participation and the platform’s expanding product reach.

Focus on Diversification Driving Future Growth

The company noted that revenue contributions from businesses such as Margin Trading Facility (MTF) and Commodity Derivatives have increased, helping reduce dependence on equity derivatives and creating a more diversified earnings profile.

With continued investments in artificial intelligence, product innovation, and customer acquisition, Groww appears well positioned to sustain its growth momentum and strengthen its leadership in India’s rapidly evolving fintech and wealth management sector.