๐Ÿš€ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐Ÿ”ฅ
Login

Back

Shaswat Shah

Hey murkh apni chavi...ย โ€ขย 1y

Growwโ€™s stock broking unit post Rs 2,900 Cr revenue and Rs 298 Cr profit in FY24

Shaswat Shah

Hey murkh apni chavi...ย โ€ขย 1y

Groww Invest-Tech Private Limited, the stockbroking unit of Groww, posted an impressive 2.4X growth in its operating revenue during the fiscal year ended March 2024. At the same time, the Tiger Global-backed firmโ€™s profits surged more than 4X in the

See More

Shaswat Shah

Hey murkh apni chavi...ย โ€ขย 1y

According to its audited financials, accessed from credit rating agency ICRA, Groww Invest Techโ€™s revenue from operations increased to Rs 2,900 crore in FY24, up from Rs 1,295 crore in FY23. Retail broking accounted for 90% of GITโ€™s operating revenue

See More
Anonymous

Anonymous

Hey I am on Medialย โ€ขย 1y

GIT is owned by Groww and is a wholly owned subsidiary of Billionbrains Garage Ventures, which houses the groupโ€™s tech platform. Groww Invest provides equity broking services in both the cash and derivatives segments, in addition to mutual fund distr

See More

Shaswat Shah

Hey murkh apni chavi...ย โ€ขย 1y

The increase in broking volume contributed to Growwโ€™s fourfold profit growth, rising to Rs 298 crore in FY24 from Rs 73 crore in FY23. Consequently, GITโ€™s return on average net worth improved to 40.3%.

Shaswat Shah

Hey murkh apni chavi...ย โ€ขย 1y

In May, Groww completed its domicile transition back to India from the US, according to the companyโ€™s chief executive officer Lalit Keshre.

Shaswat Shah

Hey murkh apni chavi...ย โ€ขย 1y

The Bengaluru-based company competes with Zerodha and Angel One, among others. Zerodha reported Rs 8,370 crore in revenue and Rs 4,700 crore in profits during FY24, while Angel One posted a 42% year-on-year growth, reaching Rs 4,272 crore in revenue in the last fiscal. Moreover, Angel Oneโ€™s profits exceeded Rs 1,125 crore, reflecting a 26% increase compared to FY23. In Q1 FY25, the Mumbai-based firm reported Rs 1,405 crore in revenue and Rs 293 crore in profits....

Reply

More like this

Recommendations from Medial

Image Description
Image Description

Mahendra Lochhab

Content creatorย โ€ขย 1y

X (formerly Twitter) reported total annual revenue of Rs 21.16 crore for FY23-24 in the Indian market, a significant decrease of 89.81 per cent from Rs 207.69 crore in FY 2022-23.

6 Replies
9

Shreyas Ramdasi

Mechanical Engineerย โ€ขย 1y

Billionaire businessman Gautam Adani has increased his stake by 1.32% in Adani Enterprises from the open market in April to June quarter, a statement to stock exchanges stated on June 14.Adani Enterprises had reported a consolidated net profit of Rs

See More
Reply
6

Mahendra Lochhab

Content creatorย โ€ขย 1y

Blinkit has reported revenue of โ‚น942 crore in Q1 FY25.

Reply
5
Image Description

Tushar Aher Patil

Trying to do betterย โ€ขย 1y

Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la

See More
1 Reply
4

Mahendra Lochhab

Content creatorย โ€ขย 9m

CarTrade posts Rs 176 Cr revenue and Rs 45.5 Cr profits in Q3 FY25

Reply
1
4
Image Description

mg

mysterious guyย โ€ขย 8m

Most valuable unlisted companies Zoho valued at Rs 1.04 lakh crore and Zerodha at Rs 87,750 crore Ranked among India's most valuable unlisted companies

1 Reply
8

Mahendra Lochhab

Content creatorย โ€ขย 6m

Dโ€™Decor crosses Rs 800 Cr revenue in FY24; profits spike 20%

Reply
3

financialnews

Founder And CEO Of F...ย โ€ขย 1y

JSW Steel Q2 Results: 84% YoY Decline in PAT to Rs 439 Crore, Revenue Falls 11% JSW Steel Ltd Q2 Results: Net Profit Drops 84% YoY to Rs 439 Crore; Revenue Falls 11% to Rs 39,684 Crore. One-Time Charge of Rs 342 Crore Impacts Earnings; Operating EBI

See More
Reply
1

Download the medial app to read full posts, comements and news.