Groww Q2 Results: On Friday, Groww announced a net profit of ₹471.3 crore, up from ₹420.1 crore a year earlier, reflecting a 12% increase. Compared to the previous quarter, profit surged by 24.6% from ₹378 crore in the June quarter.
The bottom line benefited from an increase in other income, which grew to ₹52 crore from ₹34.6 crore last year. Revenue from operations decreased by 9.5% on a year-over-year basis, falling to ₹1,018.7 crore from ₹1,125.3 crore, although it rose by 12.7% compared to the last quarter.
