Groww’s FY24 Revenue More Than Doubles To INR 3,145 Cr

Groww’s FY24 Revenue More Than Doubles To INR 3,145 Cr

SUMMARY

Groww reported 119% growth in its revenue, up from INR 1,435 Cr in the financial year 2022-23 (FY23) to INR 3,145 Cr in FY24.

The company maintained its operational profitability of INR 535 Cr for FY24 compared with INR 458 Cr in the previous fiscal year.

The fintech also paid around INR 1,340 Cr as one time tax on shifting its base back to India.

Bengaluru based fintech company Groww Invest Tech, which operates online stock broking giant Groww, has reported 119% growth in its revenue, up from INR 1,435 Cr in the financial year 2022-23 (FY23) to INR 3,145 Cr in FY24.

Notably, Groww maintained its operational profitability of INR 535 Cr for FY24 compared with INR 458 Cr in the previous fiscal year.

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