# Groww shares rise 8% on strong Q1 earnings Net profit jumps 94% to Rs 735 crore. - **Source:** [Economic Times](https://brifing.si/source/37791137-c35a-4ffe-b6a9-fe103afc9e48) - **Published:** 2026-07-15 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/ff2c36f4-fa2b-49e6-be1a-b6c5db0585b9 ## Groww's Q1 performance Groww reported a consolidated net profit of Rs 735 crore in Q1 FY27, marking a 94.44% increase from Rs 378 crore in the same period last year. The company's EBITDA also surged by 101% to Rs 971 crore. ## Sharp revenue growth Groww's operational revenue rose by 66% to Rs 1,504 crore, compared to Rs 904 crore in the same quarter last year. The company's total income also increased by 63.3% year-on-year. ## Impact of new products New products like MTF and commodity derivatives played a significant role in driving revenue growth. Groww expanded its retail market share in commodity derivatives to 28.6%, establishing a strong presence on MCX and NSE. ## Mutual fund leadership Groww retained its position as India's largest direct mutual fund distribution platform, with assets under management reaching Rs 1.9 lakh crore. SIP inflows grew by 32%, outpacing the industry's 16% growth. ## AI investments Groww is making significant investments in AI technologies and has launched 'MF Prime,' an AI-powered mutual fund advisory product. The company stated that these investments are not expected to materially impact its profit margins. ## Market leadership Groww strengthened its market leadership in the June quarter by adding 115,000 net clients. Despite an industry-wide slowdown, the company improved customer retention rates and enhanced product quality. ## Sources covering this story - https://economictimes.indiatimes.com/markets/stocks/news/groww-shares-gain-8-on-strong-q1-earnings-net-profit-jumps-94-to-rs-735-crore/articleshow/132409290.cms — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._