Billionbrains Garage Ventures, the holding company behind investment platform Groww, has posted a steady rise in profitability during the second quarter of FY26, even as its revenue fell compared to the previous year.
The company recorded a consolidated net profit of ₹471.4 crore for the July–September quarter, marking a 12% year-on-year increase over the ₹420.16 crore reported in Q2 FY25. The higher profit reflects continued operational efficiencies and a disciplined cost structure, even as market conditions have created a more moderated environment for revenue generation across the digital investment sector.
Operational performance during the quarter saw ₹1,018.7 crore in revenue, which is a 9.5% decline from ₹1,125.39 crore in the same period a year earlier. The dip suggests a cooling in certain business segments and softer investor activity after a period of aggressive growth across fintech platforms.
Looking at the broader financial picture, the first half of FY26 has brought ₹2,126.18 crore in revenue from operations and ₹849.71 crore in net profit. To put that in context, Groww closed FY25 with revenue of ₹3,901.72 crore and a profit of ₹1,824.37 crore — showing that the company remains on a profitable trajectory as it continues scaling.
Lalit Keshre, Co-founder and CEO of Groww, emphasized that the company’s priorities remain centered on the user:
“We think about the platform from the customer’s perspective. Thinking this way generates customer love. Monetisation follows. We are committed to creating long-term value for all our shareholders.”
Despite revenue softening this quarter, Groww’s financial profile highlights the power of its customer-first approach and efficient operating model. The firm has been expanding its investment and financial services ecosystem while focusing on sustainable monetization rather than short-term gains.
As India’s retail investing market continues to evolve, Groww is expected to deepen product innovation, strengthen technology capabilities, and leverage its large, engaged user base to unlock future revenue opportunities — positioning itself for long-term growth in the competitive fintech landscape.
