By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Groww share price soars 10% to hit record high after Q4 profit jumps 122%: Is it the right time to buy? | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > Groww share price soars 10% to hit record high after Q4 profit jumps 122%: Is it the right time to buy? | Stock Market News
Business

Groww share price soars 10% to hit record high after Q4 profit jumps 122%: Is it the right time to buy? | Stock Market News

Last updated: April 21, 2026 11:47 am
2 hours ago
Share
SHARE


Shares of Billionbrains Garage Ventures, the parent of online brokerage Groww, jumped 10% to a record high of ₹216 on BSE on Tuesday after reporting a strong performance in the March 2026 quarter (Q4FY26).

The brokerage firm posted a 122% YoY rise in consolidated net profit at ₹686 crore, while revenue from operations increased 87% YoY to ₹1,505 crore.

EBITDA surged 142% YoY to ₹939 crore, reflecting strong margin expansion. The improvement in profitability was driven by faster revenue growth compared to largely fixed costs, highlighting operating leverage across segments.

Groww Q4 Highlights

Growth remained supported by continued traction in users and platform activity. Meanwhile, customer assets on the platform increased 36% YoY to ₹3 lakh crore, although they saw a slight sequential dip due to mark-to-market losses during the quarter. Net inflows remained strong at ₹25,000 crore.

In its letter to the shareholders, the company informed that its total number of transacting users rose 25% YoY to 21.6 million, marking an active user base of 16.7 million, according to the exchange filing.

“In Q4, we observed a marginal increase in the contribution of equity derivatives to overall revenue, rising from 53.5% to 54.6%. Concurrently, newly launched product segments, namely Margin Trading Facility (MTF) and commodities, witnessed strong traction, with their share increasing meaningfully, driven by higher penetration and user adoption,” said the company.

Newer segments such as margin trading facility and commodities also increased their share in overall revenues, it added.

The company also stated that while short-term volatility could continue to support trading activity, prolonged market weakness may impact investor sentiment, which could affect new user additions and inflows over time.



Source link

You Might Also Like

Stock market holiday: Why is the Israeli stock market closed today? | Stock Market News

Small-cap FMCG stock inches close to 52-week high. Do you own? | Stock Market News

HCL Tech Q4 Results LIVE: IT stock jumps 1.5% ahead of results, dividend — What to expect from earnings show? | Stock Market News

‘No theme runs forever’: Devina Mehra busts the ‘buy and forget’ investing myth | Stock Market News

Nifty 50 Trading Strategy: Analysts recommend Bull Call Spread options strategy for 28 April expiry | Stock Market News

TAGGED:Billionbrains Garage VenturesBillionbrains Garage Ventures share pricegrowgrow q4 resultsGrowwgroww earningsGroww q4 resultsGroww q4 results 2026groww resultsGroww shareGroww share priceIndian stock market
Share This Article
Facebook Twitter Email Print
Previous Article Access Denied
Next Article Access Denied
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS