Groww Q4 FY26: Profit jumps 122% to Rs 686 crore, revenue up 88% YoY

Bengaluru-based listed digital investment platform Groww has reported a sharp rise in both revenue and profit for the fourth quarter of the 2026 financial year, even as the country continues to witness slower market activity and uncertain geopolitical events.

The company said its net profit rose to Rs 686 crore for the three months to March, more than doubling from Rs 309 crore in the same period a year earlier. Revenue from operations increased by 88% year-on-year to Rs 1,505 crore.

Including other income of Rs 30 crore, total income for the quarter stood at Rs 1,535.5 crore.

For the full financial year, operating income rose 19% to Rs 4,645 crore, while annual profit crossed Rs 2,000 crore.

The rise in earnings came as revenue growth outpaced expenses. Total expenditure in the quarter increased by 38% to Rs 599 crore, compared with Rs 435 crore a year earlier. Employee benefits accounted for the largest share of costs at 29%, amounting to Rs 173 crore, while finance costs stood at Rs 8 crore and depreciation expenses reached Rs 24.45 crore.

The firm also reported strong operational metrics. The company continued to add a significant share of new stock market users, while geopolitical volatility influenced trading activity during the quarter.

In February alone, Groww added about 266,000 active clients, taking its NSE active client base to roughly 12.75 million and lifting its market share to around 28%.

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by nearly 142% to Rs 939 crore in the quarter, with margins expanding to 62.35% from 48.47% a year earlier. Total customer assets reached Rs 3 trillion, up 36% year-on-year, although slightly lower compared with the previous quarter.

The number of transacting users increased to 21.6 million, with 16.7 million classified as active users.

According to industry data, the company’s market share rose to 28.3% for the year ended March 2026, up from 26.26% in the previous year.