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Groww Posts Profit Of INR 449 Cr In FY23
short by Pratham Nagpal / on Wednesday, 25 October, 2023
Having posted a net loss of INR 239 Cr in FY22, the wealthtech unicorn turned profitable thanks to a staggering threefold increase in operating revenue to INR INR 1,227.8 Cr in FY23, while total expenses increased by just 41%. Crossing the INR 1000 Cr revenue mark, Groww has reported a profit of INR 449 Cr in FY23.
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