Mumbai: Shares of Billionbrains Garage Ventures (Groww) gained nearly 5 per cent on Wednesday after the investment platform reported a strong financial performance for the first quarter of FY27, driven by robust growth in revenue, profitability and operating margins.

The company’s consolidated results reflected significant expansion across key financial metrics, prompting positive investor sentiment during intraday trading.

Net profit surges 94% year-on-year

Groww reported a net profit of Rs 735 crore for the quarter ended June 2026 (Q1FY27), registering a 94.2 per cent year-on-year increase from Rs 378 crore in the corresponding quarter of the previous financial year.

The sharp rise in profit underscores the company’s continued business growth and improved profitability.

Revenue rises 66% to Rs 1,501 crore

The company’s revenue from operations increased 66 per cent year-on-year to Rs 1,501 crore during the June quarter, compared with Rs 904 crore in Q1FY26.

The strong revenue growth reflects increasing customer activity and expansion across Groww’s financial services platform.

EBITDA more than doubles

Groww also reported a substantial improvement in its operating performance during the quarter.

Its Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) more than doubled to Rs 971 crore, up from Rs 483 crore in the corresponding quarter last year.

As a result, the company’s EBITDA margin expanded significantly to 64.6 per cent in Q1FY27 from 53.4 per cent a year earlier.

The higher operating margin indicates improved cost efficiency and stronger profitability despite continued business expansion.

Tax expense increases

Alongside higher earnings, Groww’s tax outgo also rose during the quarter.

The company’s tax expense stood at Rs 257.2 crore, compared with Rs 124.8 crore in the corresponding quarter of FY26.

The increase was largely in line with the substantial growth in the company’s profitability.

Shares rally after results

Investors responded positively to the strong quarterly earnings.

Groww shares climbed as much as 5.29 per cent during intraday trade to touch a high of Rs 214.65.

At around 12.01 pm, the stock was trading near its day’s high at Rs 213.50, up 4.73 per cent.

In comparison, the BSE Sensex was trading 0.63 per cent higher at 77,543 during the same period.

The strong earnings, improved operating margins and robust revenue growth reinforced investor confidence in the company’s growth trajectory.

Strong operational momentum continues

Groww’s Q1FY27 performance highlights continued momentum in its business, with healthy growth across revenue, profit and operating efficiency.

The nearly doubling of net profit, coupled with expanding EBITDA margins, indicates that the company has been able to scale its operations while maintaining profitability.

The latest quarterly results strengthen Groww’s position as one of India’s fast-growing digital financial services platforms and reflect sustained demand for its investment and financial products.