Billionbrains Garage Ventures Ltd reported a consolidated net profit of ₹735.04 crore for the quarter ended June 30, 2026, representing a 7% increase from the previous quarter. Total income for Q1FY27 stood at ₹1,548.67 crore, while revenue from operations reached ₹1,501.42 crore. The Board of Directors approved the unaudited standalone and consolidated financial results at its meeting held on July 15, 2026. Following the announcement, the company made the audio recording of the earnings conference call held on July 15, 2026, available on its website.

Financial Performance

The company’s profit before tax for the period was ₹992.27 crore, with a total tax expense of ₹257.23 crore. Basic earnings per share for Q1FY27 were ₹1.19, compared to ₹1.11 in the previous quarter. EBITDA for the quarter rose to ₹971 crore, a 3% QoQ increase and a 101% YoY growth.

Operational Highlights

Total transacting users reached 2.2 crore, a 4% QoQ increase, while active users stood at 1.7 crore. Total customer assets grew to ₹3.6 lakh crore, up 22% QoQ. The company reported a PAT margin of 47.5%, a YoY expansion of 7.6 percentage points, driven by operating leverage across cost buckets.

Management Commentary

During the Q1 FY27 earnings conference call, management highlighted that the company is transitioning from an execution platform to a true wealth management company. Key focus areas include the launch of new products such as bonds and US stocks via the GIFT City route. The company secured SEBI and CCI approvals for its partnership with State Street Global Advisors. Management noted that employee expense increases were primarily due to the appraisal cycle in April rather than significant headcount additions. The Margin Trading Funding (MTF) book continues to grow, with yields improving approximately 5% year-on-year.

Corporate Actions

The Board approved the reclassification of the authorised share capital from ₹5,000 crore divided into 2,332.50 crore equity shares and 33.50 crore preference shares to ₹5,000 crore divided into 2,500 crore equity shares. This change is subject to shareholders' approval. Additionally, the Board appointed M/s. Ernst & Young LLP as the internal auditor for the financial year 2026-27.

IPO Fund Utilisation

The company, which listed its shares on NSE and BSE on November 12, 2025, has utilised ₹862.29 crore of the net IPO proceeds of ₹1,015.98 crore as of June 30, 2026. The funds were primarily allocated towards cloud infrastructure, brand building, and investments in material subsidiaries such as Groww Creditserv Technology Private Limited and Groww Invest Tech Private Limited.

Billionbrains Garage Ventures Ltd reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved the results at a meeting held on July 15, 2026. A Limited Review of these financial results has been carried out by the Statutory Auditors as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company disclosed that the unaudited financial results were published in the Financial Express and Kannada Prabha. The reports have been uploaded to the company's website. The filing was submitted to the BSE Limited and the National Stock Exchange of India Ltd.

Unaudited Standalone Financial Results

The standalone financial results for the quarter ended June 30, 2026, showed a total income of ₹1,332.71 crore. The net profit for the period after tax was ₹223.42 crore. The total comprehensive income for the period stood at ₹226.60 crore.

Basic earnings per equity share (before and after extraordinary items) for the quarter was ₹4.43. Diluted earnings per equity share for the same period was ₹4.43.

Unaudited Consolidated Financial Results

On a consolidated basis, the company reported a total income of ₹1,488.19 crore for the quarter ended June 30, 2026. The net profit for the period after tax was ₹228.43 crore. The total comprehensive income for the period was ₹234.01 crore.

Basic earnings per equity share on a consolidated basis was ₹4.55, while diluted earnings per equity share was ₹4.55 for the quarter ended June 30, 2026. The earnings per share figures are not annualised.