Groww Q2 Results, Nov. 21 -- On Friday, Groww announced a net profit of Rs.471.3 crore, up from Rs.420.1 crore a year earlier, reflecting a 12% increase. Compared to the previous quarter, profit surged by 24.6% from Rs.378 crore in the June quarter.

The bottom line benefited from an increase in other income, which grew to Rs.52 crore from Rs.34.6 crore last year. Revenue from operations decreased by 9.5% on a year-over-year basis, falling to Rs.1,018.7 crore from Rs.1,125.3 crore, although it rose by 12.7% compared to the last quarter.

(more to come)

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