Groww Q4 results FY26 reflect a sharp rise in earnings, with the Bengaluru-based digital investment platform reporting significant growth in both revenue and profit despite slower market activity and ongoing geopolitical uncertainty.
Net profit for the quarter reached ₹686 crore, more than doubling from ₹309 crore in the same period last year. Revenue from operations increased 88% year on year to ₹1,505 crore, indicating strong core business momentum.
Including other income of ₹30 crore, the total income stood at ₹1,535.5 crore for the quarter.
Revenue Growth Outpaces Rising Costs
Groww Q4 results FY26 highlight a clear gap between revenue expansion and cost growth. Total expenditure rose 38% to ₹599 crore, compared to ₹435 crore a year earlier.
Employee benefits formed the largest cost component at ₹173 crore, accounting for 29% of total expenses. Finance costs remained limited at ₹8 crore, while depreciation stood at ₹24.45 crore.
The faster pace of revenue growth compared to expenses supported margin expansion and profitability.
Annual Performance Crosses Key Milestones
For the full financial year, Groww Q4 results FY26 capped a strong annual performance. Operating income rose 19% to ₹4,645 crore, while total profit crossed ₹2,000 crore.
This growth reflects sustained user acquisition and consistent trading activity, even as broader market conditions remained uneven.
User Growth and Market Share Expand
Operational metrics strengthened alongside financial performance. Groww continued to capture a large share of new stock market participants.
In February alone, the platform added around 266,000 active clients. Its active client base on the National Stock Exchange of India reached approximately 12.75 million, pushing its market share to nearly 28%.
For the full year, market share rose to 28.3%, up from 26.26% in the previous year, reinforcing Groww’s position among leading brokerage platforms.
EBITDA and Assets Show Strong Momentum
Groww Q4 results FY26 also show significant improvement in profitability metrics. EBITDA increased nearly 142% to ₹939 crore, while margins expanded to 62.35% from 48.47% a year earlier.
Customer assets on the platform reached ₹3 trillion, marking a 36% year-on-year increase, though slightly lower compared to the previous quarter.
The number of transacting users rose to 21.6 million, including 16.7 million active users, indicating continued engagement despite volatility in trading activity.
Growth Holds Despite Market Uncertainty
Groww’s performance in Q4 reflects its ability to scale during a period shaped by global uncertainty and fluctuating investor sentiment.
The combination of rising user adoption, expanding margins, and increasing market share positions the company strongly within India’s digital investment ecosystem as it continues to grow its footprint.
