Online investing platform Groww has reported a 12.18% year-on-year rise in consolidated net profit, posting ₹471 crore in the second quarter of FY26, up from ₹420 crore in the same period last year. However, the company’s top line told a different story. Consolidated revenue from operations fell 9.4% YoY to ₹1,018 crore, compared to ₹1,125 crore in Q2 FY25. This marks one of the rare quarters where profit has grown despite a dip in revenue.
Groww also saw a small decline in active users on the NSE. The platform’s active client base dropped to 11.9 million, down from 12.3 million in the corresponding quarter last year, a sign that user growth is beginning to stabilise after several years of rapid expansion.
These numbers are Groww’s first quarterly results since its strong market debut on November 12, when the stock surged 47% on listing day. Investors will now look for clarity on how the firm plans to maintain growth momentum, diversify revenue, and navigate a maturing retail investing market.
Also Read: Google Enables Direct File Sharing Between Pixel 10 and iPhones
