CosmicTaco

Groww's Revenue Skyrockets to INR 3,145 Cr in FY24

CosmicTaco · 2024-10-21T19:17:36.472160+05:30

- **Groww** reported a **119% growth** in revenue, reaching **INR 3,145 Cr** in FY24. - The fintech maintained its operational profitability of **INR 535 Cr** for FY24. - Groww paid around **INR 1,340 Cr** as one-time tax for shifting its base back to India. - As of October 2024, Groww's active stock investor base stood at **1.2 Cr**. - The company's parent, Billionbrains Garage, reported a net profit of **INR 448.7 Cr** in FY23. Source: [Inc42](https://inc42.com/buzz/growws-fy24-revenue-more-than-doubles-to-inr-3145-cr/)

Groww reported a 119% growth in revenue, reaching INR 3,145 Cr in FY24.
The fintech maintained its operational profitability of INR 535 Cr for FY24.
Groww paid around INR 1,340 Cr as one-time tax for shifting its base back to India.
As of October 2024, Groww's active stock investor base stood at 1.2 Cr.
The company's parent, Billionbrains Garage, reported a net profit of INR 448.7 Cr in FY23.