Groww shares gain 8% on strong Q1 earnings, net profit jumps 94% to Rs 735 crore

Billionbrains Garage Ventures shares surged after reporting strong Q1 FY27 earnings. The company posted a consolidated net profit of Rs 735 crore, up 94.44% year-on-year. Revenue from operations also rose significantly, driven by traction in newer products. Groww retained its position as India’s largest direct mutual fund distribution platform. The company added net clients and expanded market share across key segments.

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