Groww Share Price Today Advances As Billionbrains Garage Reports 54% Q2 Profit, Revenue Crosses Rs 1,500 Crore

Groww share price moved up on Thursday, October 15, as investors assessed a strong earnings report from Billionbrains Garage Ventures, the parent company of the online investment platform. A 54% jump in quarterly net profit and a sharp rise in operating revenue highlighted the company's growth momentum, even as pressure in its equity derivatives business remained a factor to watch.

Groww Share Price Today As Billionbrains Garage Ventures Reports Strong Q2 Earnings

Billionbrains Garage Ventures shares opened at Rs 192.60 on the NSE and climbed to an early high of Rs 194.99. At 9:40 am, the stock was trading at Rs 194.73. The September-quarter results for FY27 showed that Groww's parent company continued to convert higher business volumes into stronger earnings. Revenue growth outpaced the increase in expenses, helping profitability improve significantly from a year earlier.

Groww Q2 Results: Profit Climbs 54% as Revenue Reaches Rs 1,501 Crore

Billionbrains Garage Ventures reported net profit attributable to owners of Rs 725.60 crore for the September quarter of FY27, up from Rs 471 crore in the same period last year. The increase of 54% marked a substantial improvement in annual earnings.

Revenue from operations rose 47% to Rs 1,501 crore from Rs 1,019 crore a year earlier. The stronger top line, combined with more measured expense growth, helped the Groww parent deliver a faster increase in profit than in revenue.

The sequential picture was more subdued. Net profit slipped around 1% from the June quarter, suggesting that while the company's year-on-year performance remained strong, earnings growth had largely stabilised compared with the preceding three-month period.

Groww Q2 Performance: Lower Expense Growth Supports Margins

One of the notable features of the results was the gap between revenue and expense growth. Consolidated expenses increased 29% year-on-year, well below the 47% rise in operating revenue. This helped support the company's profitability as its business expanded.

EBITDA stood at Rs 968 crore, increasing 1% sequentially. The EBITDA margin widened to 64.5% from 63.9% in the June quarter, a gain of 60 basis points. The PAT margin also improved by around three percentage points from a year earlier to 47%.

These figures point to the company's ability to maintain high operating margins while scaling its platform. The key question for investors is whether this profitability can be sustained as business conditions change, particularly in segments exposed to fluctuations in trading activity.

Groww Adds 11 Lakh Transacting Users; IPO Activity Supports Growth

The platform added 11 lakh new transacting users during the quarter, with primary-market participation contributing to customer additions. Groww also reported that around 42 lakh users applied for equity IPOs through its platform during the period.

The company accounted for 22% of total IPO allotments, underlining its presence in India's primary-market ecosystem. Strong IPO participation can bring new investors onto a platform, although the longer-term value of these additions depends on whether users continue investing and transact regularly after the listing cycle.

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