neutral
Recently
Groww parent reports profit decline despite strong revenue growth
Groww’s parent saw profits fall despite strong revenue growth, highlighting cost pressures and competitive intensity in fintech markets.
Billionbrains Garage Ventures, the parent company of investment platform Groww, reported a 28% year on year decline in consolidated net profit to ₹547 crore for the December quarter, even as revenue jumped 25%. The divergence highlights rising costs linked to expansion and technology investments. While revenue momentum remains strong, profitability pressures reflect competitive dynamics in the fintech space.Investors are watching whether scale efficiencies can lift margins over time.