Shares of Billionbrains Garage Ventures were trading 0.77% higher at ₹195.30 on the BSE in the afternoon trade.
Financial Performance
On Wednesday, Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, reported a 54% year-on-year increase in profit after tax, amounting to ₹725 crore for the September quarter of FY27. This growth was driven by higher income and increased contributions from multiple business segments. In the same period last year, the company had posted a profit after tax of ₹471.34 crore.
Total income for the July-September quarter of FY27 rose 44% to ₹1,540.54 crore, compared to ₹1,071 crore in the corresponding period last year, as stated by the Bengaluru-headquartered company in a stock exchange filing.
