Groww Q2 Results: If you are also one of the millions of investors who have bet on the country’s famous stock broking platform Groww (Billionbrains Garage Ventures), then this morning has brought relief news for you. For the first time since its debut in the stock market, the company has declared its quarterly results. These results have not only increased the confidence of investors but have also put a brake on the huge fall in the stock since last two days. The company has shown excellent growth in profits, the direct effect of which was seen on the share price today. However, there are some figures hidden within the results which are very important for you to know as an investor.
12% jump in profits, but what about earnings?
First of all, let’s talk about the company’s books of account, which any investor Is most important for. In the second quarter of the financial year 2026 (Q2 FY26), Groww’s parent company has earned a consolidated net profit of Rs 471.4 crore. If we compare it with the same quarter last year, it is a strong increase of 12 percent. In Q2 FY25 this figure was Rs 420.16 crore. This continuity in profit is a positive sign for a newly listed company in the market.
But, the other aspect of the picture is a bit alarming. There has been an increase in the company’s profits, but there has been a decline in its total earnings (revenue). According to the data, the company’s revenue has declined by 9.5 percent on an annual basis to Rs 1,018.7 crore, which was Rs 1,125.39 crore last year.
Now the question arises that when the earnings decreased, how did the profits increase? The answer to this is the huge reduction in expenses made by the company. Groww has wisely reduced its total expenses by 27 percent in this quarter. Expenses declined to Rs 432.6 crore, which supported profits despite falling revenues and kept the balance sheet strong.
Strong comeback after decline
Ups and downs in the stock market are common, but the last two days were no less than a nightmare for Groww investors. Just before the results, huge selling was seen in the stock and the stock fell by almost 17 percent. The impact of this decline was so deep that within no time there was a dent in the market value of the company by about Rs 23,000 crore. There was fear in the minds of investors whether the enthusiasm after the listing had cooled down?
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However, the results that came today acted as a ‘sanjeevani’. As soon as the market realized that the company had made profits and controlled expenses, the stock took a U-turn. In morning trade, the stock jumped more than 7 percent to reach an intra-day high of Rs 168.39. With this recovery, the market cap of the company again crossed Rs 1,03,300 crore, however, after the initial rise, there was a slight correction and the stock was seen trading after losing some part of its gain.
Returns since listing
The investors who have been associated with the company since the IPO are still sitting on huge profits. Groww’s journey in the stock market has been short but very exciting. On November 12, it was listed in the stock market at Rs 114, which was 14 percent more than its IPO price of Rs 100.
After listing the stock did not look back. In just five trading sessions, it gained such momentum that it climbed almost 94 percent above its IPO price to reach the level of Rs 193.91. Despite the recent fall, if we compare today’s price (about Rs 168) with the IPO price (Rs 100), investors are still getting a handsome return of about 68 percent. At the same time, this share is trading more than 50 percent above the listing price (Rs 112).
Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsha advises its readers and viewers to consult their financial advisors before taking any money-related decisions.