Fintech News · 18 October 2026 · 2 min read
In short: Billionbrains Garage Ventures, the company behind the Groww investing app, reported a net profit of ₹724.7 crore for July to September 2026, up 54% from ₹471.3 crore a year earlier. Revenue from operations rose 47% to ₹1,501.5 crore. Both were roughly flat compared with the previous quarter.
Key numbers
| Jul–Sep 2026 | A year earlier | |
|---|---|---|
| Revenue from operations | ₹1,501.5 crore | ₹1,018.7 crore |
| Net profit | ₹724.7 crore | ₹471.3 crore |
| Groww Mutual Fund assets | ₹7,179 crore | ₹2,928 crore |
What changed
- Futures and options made up 44.8% of income, down from 51.9%. Groww said this revenue fell 14.3% from the previous quarter after SEBI introduced a closing auction system for F&O stocks in August.
- Margin trading and commodities grew their share of income, and Groww expects them to keep growing faster.
- Groww Mutual Fund more than doubled its assets in a year and received ₹580 crore from State Street Investment Management.
- Groww has also finished integrating Fisdom to offer wealth management products.
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Sources
- Inc42: Groww Q2 profit jumps 54% to ₹725 crore (14 October 2026)
- StartupTalky: Daily funding roundup, 14 October 2026
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