Integrated Filing — IndAS



General information about company

Scrip Code 544603
NSE Symbol GROWW
MSEI Symbol NOTLISTED
ISIN INE0HOQ01053
Name of company Billionbrains Garage Ventures Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 15-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment App based technology platform
Start date and time of board meeting 15-07-2026   10:30:00
End date and time of board meeting 15-07-2026   11:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Company has no Loans and Debt Securities.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 95,348.00 95,348.00
Other income 10,021.00 10,021.00
Total income 1,05,369.00 1,05,369.00
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 8,713.00 8,713.00
(e) Finance costs 105.00 105.00
(f) Depreciation, depletion and amortisation expense 736.00 736.00
(f) Other Expenses
1 Other expenses 21,448.00 21,448.00
Total other expenses 21,448.00 21,448.00
Total expenses 31,002.00 31,002.00
3 Total profit before exceptional items and tax 74,367.00 74,367.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 74,367.00 74,367.00
6 Tax expense
7 Current tax 19,079.00 19,079.00
8 Deferred tax (226.00) (226.00)
9 Total tax expenses 18,853.00 18,853.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 55,514.00 55,514.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 55,514.00 55,514.00
17 Other comprehensive income net of taxes 4.00 4.00
18 Total Comprehensive Income for the period 55,518.00 55,518.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,24,828.00 1,24,828.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.9 0.9
Diluted earnings (loss) per share from continuing operations 0.88 0.88
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.9 0.9
Diluted earnings (loss) per share from continuing and discontinued operations 0.88 0.88
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1.Earnings per equity share in INR (Face Value : INR 2/- per share) disclosed in the statement of financial results is not annualised 2. In terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended, the above standalone financial results were reviewed and recommended by the Audit committee on 15 July 2026 and approved by the Board of Directors at its meeting held on 15 July 2026. These standalone financial results have been subjected to limited review by the statutory auditors of the Company and they have issued an unqualified review report on these standalone financial results. 3. The standalone financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standard Rules), 2015 (as amended) and in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended (Listing Regulations). 4. The figures for the quarter ended 31 March 2026, represents the differences between the audited annual standalone financials results for the year ended 31 March 2026 and the unaudited year to date published standalone financial results for the nine months ended 31 December 2025, which were subject to limited review. 5. The figures for the corresponding quarter ended 30 June 2025 as reported in these unaudited standalone financial results, have been approved by the Company's Board of Directors but have not been reviewed by the statutory auditors. This is pursuant to the requirement of submitting quarterly standalone financial results becoming applicable to the Company with effect from the quarter ended 30 September 2025 pursuant to the listing of its equity shares on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE). The Company's equity shares were listed on the BSE and NSE on 12 November 2025. 6. During the quarter ended 30 June 2026, the Groww Employee Welfare Trust (“Trust”) has transferred 1,24,42,743 equity shares of INR 2/- each pursuant to the exercise of stock options under the Billionbrains Garage Ventures Limited Employee Stock Option Scheme 2024 (formerly known as Billionbrains Garage Ventures Private Limited Employee Stock Option Scheme 2024). 7. The Company prepares the consolidated financial results. In accordance with Ind AS 108 on operating segments, the Company has not disclosed the segments information in the standalone financial results. 8. During the year ended 31 March 2026, the Company has completed an initial public offering (IPO) of 66,32,30,051 equity shares with a face value of INR 2 each at an issue price of INR 100/- per share, comprising fresh issue of 10,60,00,000 shares and an offer for sale of 55,72,30,051 shares. The Company’s equity shares were listed on the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on 12 November 2025. The Company has received an amount of INR 1,015.98 Crores (net off IPO expenses of INR 44.02 Crores) from proceeds out of fresh issue of equity shares. The company has utilized 862.29 crore out of 1015.98 crore received, hence unutilized procees is 153.69 Crore as on 30th June 2026. 9. The Company had executed a Share Subscription and Share Purchase Agreement (SSPA) among the Company, Groww Asset Management Limited (Groww AMC), and State Street Global Advisors, Inc. (SSGA) in relation to an investment in Groww AMC on 14 January 2026. The Company has received approval from Competition Commission of India (CCI) and Securities and Exchange Board of India (SEBI) on 25 March 2026 and 01 June 2026 respectively. The transaction is expected to be consummated upon fulfilment of the remaining closing conditions under the SSPA. 10. Effective from the quarter ended 30 June 2026, all comparative figures have been restated from INR million to INR crore, to maintain consistency in presentation, any minor variances arising from this change are solely attributable to rounding adjustments. 11. The unaudited standalone financial results for the quarter ended 30 June 2026 are available on the Company's website at www.groww.in and also on the website of BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com, where the shares of the Company are listed.



Remarks

Debt equity ratio The ratios are not applicable as the company doesn’t have any borrowing/ debt.
Debt service coverage ratio The ratios are not applicable as the company doesn’t have any borrowing/ debt.
Interest service coverage ratio The ratios are not applicable as the company doesn’t have any borrowing/ debt.


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) The Company prepares the consolidated financial results. In accordance with Ind AS 108 on operating segments, the Company has not disclosed the segments information in the standalone financial results.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement gains/(losses) on defined employee benefit plans 6.00 6.00
Total Amount of items that will not be reclassified to profit and loss 6.00
2 Income tax relating to items that will not be reclassified to profit or loss 2.00 2.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 4.00 4.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 BSR & Co. LLP Yes 31-07-2028


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 10-11-2025
Amount Raised 1,06,000.00
Report filed for Quarter ended 30-06-2026
Monitoring Agency Applicable
Monitoring Agency Name, if applicable Crisil Ratings Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Expenditure towards cloud infrastructure No 15,250.00 0.00 13,911.00 0.00 No deviation
2 Brand building and performance marketing activities No 22,500.00 0.00 18,563.00 0.00 No deviation
3 Investment in one of Material Subsidiaries, Groww Creditserv Technology Private Limited (“GCS”), a non-banking financial company (“NBFC”), for augmenting its capital base No 20,500.00 0.00 20,500.00 0.00 No deviation
4 Investment in one of our Material Subsidiaries, Groww Invest Tech Private Limited (“GIT”), for funding its margin trading facility (“MTF”) business No 16,750.00 0.00 16,750.00 0.00 No deviation
5 Funding inorganic growth through unidentified acquisitions and general corporate purposes No 26,598.00 0.00 16,505.00 0.00 No deviation


Signatory Details

Name of signatory Ishan Bansal
Designation of person Chief Financial Officer
Place Bengaluru
Date 15-07-2026