Groww Q2 FY27 results showed a 1.4 per cent quarter-on-quarter decline in consolidated net profit to $ 724.7 crore, while revenue slipped 0.5 per cent to ₹1,540.54 crore in the September quarter.
Billionbrains Garage Ventures, the parent company of broking platform Groww, reported a net profit of $735 crore and revenue of $1,548.67 crore in the June quarter.
Despite the sequential decline, the company recorded strong year-on-year growth in both earnings and revenue. Groww shares fell 1.54 per cent to $190.80 on the BSE on Wednesday, touching an intraday low.
Groww profit and revenue rise year-on-year
On a year-on-year basis, Groww’s consolidated net profit increased 53.93 per cent to around ₹725 crore in Q2 FY27, compared with ₹471 crore in the corresponding quarter last year.
Revenue rose 43.88 per cent to approximately ₹1,541 crore from ₹1,071 crore in Q2 FY26.
The company also reported 2.4 crore total transacting users. Its total customer assets grew 46 per cent year-on-year to ₹3.9 lakh crore, indicating an increase in the assets held by customers on the platform.
Equity derivatives share declines as commodity trading grows
Groww’s revenue mix showed a shift across trading segments during the September quarter.
The contribution of equity derivatives to total revenue declined to 44.8 per cent in Q2 FY27 from 56.9 per cent in the year-ago quarter.
In contrast, commodity derivatives accounted for 6.2 per cent of revenue, compared with 0.2 per cent in Q2 FY26.
The contribution from the Margin Trading Facility (MTF) also increased, rising to 10.1 per cent from 7.4 per cent year-on-year.
These changes reflect a different distribution of revenue across the company’s trading and financing-related offerings.
Groww AMC assets under management rise 145%
Groww Asset Management Company’s (AMC) assets under management (AUM) increased 145 per cent year-on-year to ₹7,179 crore from ₹2,928 crore.
The share of actively managed assets in its AUM rose to 57 per cent from 47 per cent over the same period.
AMC revenue grew 131 per cent year-on-year. However, the asset management business reported a net loss of ₹8.3 crore during the quarter.
Groww shares trade lower on BSE
Groww shares were trading 1.54 per cent lower at ₹190.80 on the BSE on Wednesday, after touching an intraday low.
The stock had declined nearly 4 per cent over the preceding month and more than 1 per cent over six months. It was down 5.64 per cent over the preceding three months, according to the figures provided.
The stock’s 52-week high stood at ₹227, while its 52-week low was ₹112.02.
The September-quarter results highlight the contrast between Groww’s sequential performance and its annual growth, with higher customer assets and a changing revenue mix alongside a modest quarter-on-quarter decline in profit and revenue.
