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

  • 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

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