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Sparsh Jindal

15th Jul · SEBI-Registered Analyst

Groww Q1 Profit Soars 94% on Strong Trading Growth

Groww's parent, Billionbrains Garage Ventures, reported a 94% year-on-year jump in Q1 net profit to ₹735 crore, while revenue rose 66% to ₹1,501 crore. Growth was driven by rapid expansion in commodity derivatives and Margin Trading Facility (MTF) lending, lifting the stock nearly 4%.

GROWW

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