What the board approved
At its meeting on 15 July 2026, the board of Billionbrains Garage Ventures Limited \u2014 the parent of the Groww platform \u2014 approved unaudited standalone and consolidated results for the quarter ended 30 June 2026, the company's first June-quarter cycle since its shares listed on the NSE and BSE on 12 November 2025. Statutory auditors BSR & Co. LLP issued an unqualified limited-review conclusion on both sets.
The board also acted on two other items. It approved reclassifying the authorised share capital so the entire \u20b95,000 crore is divided into equity shares \u2014 removing the preference-share tranche \u2014 subject to shareholder approval. It separately approved appointing Ernst & Young LLP as internal auditor for FY2026-27, in place of the existing auditor on completion of its term.
The quarter in context
On a consolidated basis, both revenue and profit rose sharply against the same quarter a year earlier, with profit also edging above the immediately preceding March quarter (figures in the panel). The group continues to run as a single reportable segment \u2014 financial services delivered through a web- and app-based platform, operating within India.
The filing records an accounting-presentation change: from this quarter, all comparative figures have been restated from INR million to INR crore, with minor variances attributed to rounding. During the quarter, the Groww Employee Welfare Trust transferred 1,24,42,743 equity shares on exercise of stock options under the company's 2024 ESOP scheme.
IPO proceeds and pending transactions
The company restated the deployment of its IPO fresh-issue proceeds. A portion of the net amount raised remained unutilised as on 30 June 2026, spread across cloud infrastructure, brand and marketing, and the general-corporate / inorganic-growth bucket; monitoring agency Crisil Ratings Limited reported no deviation in the use of funds. Amounts earmarked for NBFC subsidiary Groww Creditserv and for the margin-trading business of Groww Invest Tech have been fully deployed.
Two corporate transactions are referenced. The acquisition of 100% of Finwizard Technology Private Limited, for total consideration of \u20b9961.05 crore, was completed in the prior year. A separate investment involving Groww Asset Management and State Street Global Advisors has received CCI and SEBI approvals and, per the filing, is expected to close on fulfilment of the remaining conditions under the agreement.