Digital investment platform Groww has posted a stellar performance for the fourth quarter of FY26, showcasing sharp growth in both revenue and profitability. The company more than doubled its net profit to ₹686 crore, driven by strong operational momentum and expanding user adoption.
During Q4 FY26, Groww’s revenue from operations surged 88% year-on-year to ₹1,505 crore, compared to ₹801 crore in the same quarter last year. Including other income of ₹30 crore, the company’s total income stood at ₹1,535.5 crore for the quarter.
Looking at the full financial year ending March 2026, Groww recorded a 19% increase in operating revenue, reaching ₹4,645 crore. Notably, the company’s annual profit crossed the ₹2,000 crore milestone—highlighting sustained growth in India’s booming fintech sector.
On the cost front, employee expenses remained the biggest contributor, accounting for 29% of total spending at ₹173 crore in Q4. Finance costs were relatively modest at ₹8 crore, while depreciation expenses rose to ₹24.45 crore. Overall, total expenditure increased by 38% to ₹599 crore, up from ₹435 crore in the corresponding quarter last year.
Despite rising costs, Groww’s profitability improved significantly as revenue growth outpaced expenses. Net profit jumped from ₹309 crore in Q4 FY25 to ₹686 crore in Q4 FY26, underlining efficient scaling of its business model.
The company also continued to dominate user acquisition in India’s stock trading space. Even amid a slowdown in market activity due to global geopolitical uncertainties, Groww added 2.55 lakh new clients in February alone. This pushed its total user base to approximately 1.27 crore and increased its market share to 28.03%.
In a key leadership update, Ashish Agrawal stepped down from Groww’s board, as he prepares to launch his own venture capital firm.
As of today afternoon trading, Groww’s shares were priced at ₹198.7, taking its total market capitalization to ₹1,24,707 crore (around $13.4 billion), reinforcing its position as one of India’s leading fintech players.
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