Groww surges after Q2 PAT climbs 12% YoY to Rs 471 cr

Billionbrains Garage Ventures (Groww) rallied 4.97% to Rs 164.40 after the company's consolidated net profit jumped 12.18% to Rs 471.33 crore despite a 9.48% decline in revenue from operations to Rs 1,018.74 crore in Q2 FY26 over Q2 FY25.

On quarter on quarter (QoQ) basis, the companys consolidated net profit and revenue from operations climbed 24.57% and 12.64% in Q2 FY26.

Profit before tax (PBT) climbed 26.73% QoQ to Rs 637.67 crore in Q2 FY26. Adjusted EBITDA stood at Rs 624.1 crore in Q2 FY26, down 13.04% QoQ and 23.05% YoY.

Total transacting users reached 19 million, marking a growth of 5% QoQ and 27% YoY.

Active Users grew 3.2% QoQ led by growth in new user acquisition supported by higher new users additions and broader engagement across multiple products. Of the 13% sequential rise in revenue, 4.5% was driven by newly acquired users, with the balance contributed by existing users.

Providing an update on the acquisition of Fisdom (Finwizard Technology), the company said it completed the transaction in October 2025. While the Q2 FY26 balance sheet reflects the consolidation, the impact on the consolidated profit and loss statement will be visible from Q3 FY26. Fisdom reported revenue of Rs 166.3 crore in the previous year.

Shares of Billionbrains Garage Ventures (Groww) debuted on stock exchanges on 12 November 2025. The counter listed at Rs 114, representing a premium of 14% over the issue price of Rs 100. Strong investor interest had already been evident during the IPO, which was subscribed 17.60 times.

Groww has built a sizeable footprint since its launch in 2018, emerging as a full-stack digital investment platform with offerings across stocks, mutual funds, derivatives and loans. It serves customers across 98% of Indian pin codes, operates 37 million demat accounts and oversees Rs 2.6 lakh crore in AUM through subsidiaries spanning broking, lending and asset management.

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