Digital investment platform Groww delivered an impressive financial performance in the fourth quarter of FY26, showcasing strong growth in both revenue and profitability.
The company reported a net profit of ₹686 crore, more than double compared to ₹309 crore in Q4 FY25. This sharp rise in profit was primarily driven by significant growth in revenue and controlled expense expansion.
Revenue from operations surged 88% year-on-year, reaching ₹1,505 crore, up from ₹801 crore in the same quarter last year. Including other income of ₹30 crore, total income stood at ₹1,535.5 crore for the quarter.
💰 Annual Performance Highlights (FY26)
For the full financial year ending March 2026, Groww continued its upward trajectory:
- 📈 Operating income grew 19% YoY to ₹4,645 crore
- 💵 Annual profit crossed ₹2,000 crore mark
- 🚀 Strong expansion driven by retail investor participation
📉 Expenses Breakdown
Despite rising operational scale, Groww maintained cost efficiency:
- 👨💼 Employee benefit expenses: ₹173 crore (29% of total)
- 💳 Finance costs: ₹8 crore
- 🏢 Depreciation expenses: ₹24.45 crore
- 📊 Total expenses increased 38% YoY to ₹599 crore
The company’s ability to grow revenue faster than expenses significantly boosted profitability.
👥 User Growth & Market Share
Groww continues to dominate India’s retail investing space:
- 📊 Added 2.55 lakh new users in February 2026
- 👥 Total user base reached 1.27 crore+ investors
- 🥇 Market share climbed to 28.03%
Even amid global market uncertainties and geopolitical tensions, Groww outperformed competitors in user acquisition.
🧑💼 Leadership Update
During the quarter, Ashish Agrawal stepped down from Groww’s board to pursue a new entrepreneurial venture in the venture capital space.
The company continues to be led by CEO Lalit Keshre, focusing on expanding its fintech ecosystem.
📈 Stock Market Performance
As of the latest trading session:
- 💹 Share price: ₹198.7
- 🏦 Market capitalization: ₹1.24 lakh crore (~$13.4 billion)
Groww’s strong earnings have reinforced investor confidence in its long-term growth story.
