Groww posted Rs 686 crore in net profit for Q4 FY26, more than doubling its bottom line year-on-year, while revenue from operations surged 88% to Rs 1,505 crore from Rs 801 crore in Q4 FY25. The figures were sourced from financial statements filed with NSE. The Bengaluru-based digital investment platform has rapidly scaled retail participation in equities, mutual funds, and derivatives, with transaction-linked revenue directly exposed to trading volumes and market activity levels. The 88% revenue growth rate signals that platform monetization is outpacing user growth alone, suggesting either higher average revenue per user or a shift toward higher-fee product categories. Investors and analysts tracking India's fintech and broking sector will focus on margin trajectory and whether the profit expansion is sustainable given regulatory scrutiny of derivatives trading volumes, which has been a key revenue driver across discount brokers. Full annual figures and cost structure details are expected as additional disclosures emerge.
Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
Maruti Suzuki crossed two lakh domestic units in July 2026 for the first time, recording 42.4% year-on-year growth. Total sales including exports and OEM supplies reached 2,41,421 units, with all passenger vehicle segments posting gains.
Air India's net loss more than doubled to ₹22,238 crore in FY26, prompting Tata Sons chairman N Chandrasekaran to extend the Vihaan.AI turnaround timeline from five years to as long as a decade.
UpGrad's all-stock acquisition of Unacademy, valued at Rs 1,955 crore, is set to close within three weeks after CCI clearance and near-complete investor sign-offs. The deal combines upGrad's upskilling business with Unacademy's test prep and medical education platforms, with Gaurav Munjal staying on as CEO.
