Announced Wed, 15 Jul · 11:36 IST
Groww Q1 FY27 profit jumps 94% YoY to Rs 735 cr; EY named internal auditor
Management Changes View source PDF
GROWW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹203.60
prior close
₹207.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+2.7+2.3+5.7+0.8+2.2+0.1+1.2-0.3-0.6————
Up moveDown movePending
AI summary
Groww reported consolidated Q1 FY27 revenue of Rs 1,501 crore, up 66% YoY from Rs 904 crore. Net profit rose 94% YoY to Rs 735 crore versus Rs 378 crore in Q1 FY26. Basic EPS stood at Rs 1.19. Board also approved reclassification of authorised share capital to Rs 5,000 crore and appointed Ernst and Young LLP as internal auditor for FY27 after the previous auditors term ended. IPO proceeds utilisation report showed no deviations, with Rs 862 crore of Rs 1,016 crore utilised so far.
Likely market impact
Strong earnings growth and governance upgrade via EY appointment are positive signals for shareholders.