Groww Q4 Results: Net profit soars 122% YoY to Rs 686 crore; revenue jumps 87%
Groww reported a 122% jump in net profit to Rs 686 crore for Q4, with revenue from operations rising 87% year-on-year to Rs 1,505 crore. The numbers show India's large retail investment platforms converting rapid user growth into strong earnings, raising the prospect of a future public listing.
1mo ago · 2 min · Business
Groww reports Rs 686 Cr profit on Rs 1,500 Cr revenue in Q4 FY26
Groww reported Rs 686 crore in net profit for Q4 FY26, more than doubling year-on-year, as revenue from operations jumped 88% to Rs 1,505 crore. The results reinforce Groww's position as one of India's most profitable fintech platforms amid a retail investing boom. Financials were sourced from NSE filings; further
2mo ago · 1 min · Business
Billionaire Bill Ackman unveils bold IPO plan to Robinhood CEO
Bill Ackman has privately pitched an IPO plan to Robinhood CEO Vlad Tenev, according to reports. The move suggests Ackman may be exploring a public market vehicle that could leverage Robinhood's retail investor base or platform infrastructure. No terms or agreements have been disclosed.
2mo ago · 1 min · Markets
A different way to run a brokerage
Zerodha has publicly reaffirmed its zero-brokerage-on-delivery and no-external-capital model, framing bootstrapped ownership as the structural reason it avoids margin funding promotion, user tracking, and cross-selling. Management says 25 to 30% of new accounts come from referrals, its key growth metric. The post
2mo ago · 1 min · Business
₹25,620 crore foregone! Nithin Kamath shares why Zerodha stuck to the hard path of zero brokerage
Zerodha founder Nithin Kamath says the firm has foregone ₹25,620 crore in revenue by holding to zero brokerage on equity trades. The disclosure reinforces Zerodha's customer-trust positioning but arrives as SEBI's derivatives fee changes compress the company's core revenue. The durability of the zero-fee pledge through
2mo ago · 1 min · Business
Zerodha traders saved Rs 25,620 crore brokerage: Nithin Kamath shows the calculation
Zerodha founder Nithin Kamath says the firm's zero-delivery brokerage model saved traders Rs 25,620 crore between 2016 and 2025. Kamath links the pricing discipline directly to Zerodha's bootstrapped structure, which he argues insulates the firm from investor pressure to cross-sell or monetise aggressively.
2mo ago · 1 min · Business
Groww Shares Jump 9% To Hit 52-Week High After BoFA Gives ‘Buy’ Call
Bank of America initiated Groww with a 'Buy' rating and ₹235 price target, implying 21% upside, lifting the stock to a 52-week high and a $13.92 billion market cap. BoFA projects 30% revenue CAGR through FY28 and EBITDA margins of 67%, citing India's retail investing growth. The lock-in period expiry and capital market
2mo ago · 1 min · Markets