Groww Posts ₹1,180 Crore Q1 FY27 Revenue as Active Investors Cross 16 Million
Groww reported ₹1,180 crore in Q1 FY27 revenue and ₹342 crore in profit after tax, with active NSE clients crossing 16 million as retail participation in equities continued to broaden beyond metros.
Key Facts
| Detail | Value |
|---|---|
| Deal size | ₹1,180 |
| Sector | Groww |
| Coverage | Startup News |
Groww reported ₹1,180 crore in operating revenue for the quarter ended June 2026, a 28% year-on-year increase, alongside ₹342 crore in profit after tax.
Key Numbers
What Drove Growth
Broking remains the revenue engine, but the wealth stack is diversifying. Margin trading facility income grew 46% year on year, while the newly launched fixed-income and gold products contributed ₹68 crore in their first full quarter.
Costs and Margins
Operating expenses rose 22% to ₹690 crore, driven by compliance investments and a larger technology team. EBITDA margin held at 38%, down 120 basis points sequentially.
Frequently Asked
Is Groww still growing account additions?
Yes — the platform added roughly 1.1 million active clients in the quarter, though the growth rate has moderated from the FY25 peak as the market matures.
What is the outlook for FY27?
Management guided to 22–26% revenue growth for FY27 and flagged wealth and lending as the next monetisation layers.
Why It Matters
Groww's results are a useful proxy for retail investing appetite in India. Sustained non-metro account growth suggests the equity participation story still has headroom, even as trading volumes normalise from FY25 highs.
Reported by Ananya Raghavan. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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