Billionbrains Garage Ventures, the parent company of stock broking firm Groww, on Monday reported an over two-fold growth in profit after tax to Rs 686 crore for the three months ended March 2026.
The company had posted a PAT of Rs 309 crore in the same quarter preceding fiscal.
Its total income surged 81 per cent year-on-year to Rs 1,536 crore in the quarter under review from Rs 850 crore in the January-March quarter of 2025, Bengaluru-headquartered Groww said in a stock exchange filing.
The firm’s total transacting users stood at 2.16 crore at the end of the March quarter, marking a 25 per cent year-on-year (YoY) growth. Its active user base stood at 1.67 crore.
Further, its total customer assets accelerated 36 per cent year-on-year to Rs 3 lakh crore.
“Operating leverage played out across all the cost buckets, leading to PAT margin expanding by 8.3 per cent YoY …and an absolute PAT margin of 44.7 per cent in Q4. As the revenue increases faster than the costs, which are largel
