New Delhi, June 12 -- Stock-broking app Groww has seen its profit jump more than threefold in FY25 to Rs.1,819 crore, people familiar with the matter said, as the investment platform prepares to launch its initial public offering (IPO).

The Bengaluru-based startup had registered a profit of Rs.545 crore in FY24.

The company's revenue rose to Rs.4,056 crore, a 31% increase over FY24.

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When contacted, a Groww spokesperson declinedtocomment.

However, in FY24, the company paid a one-time domicile tax of Rs.1,340 crore, leading to a Rs.805-crore net loss at the consolidated level. The company moved its registered office from Delaware in the US to Bengaluru during ...