Groww’s consolidated net profit drops 28% in Q3 [Finance]
AI Summary1 min read
TL;DR
Groww's consolidated net profit fell 28% in Q3. The company is India's leading digital investment platform, offering stocks, mutual funds, and other financial services through its app and website.
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Finance - Stock BrokingFinance
The company is a direct-to-customer digital investment platform that provides wealth creation opportunities to customers through multiple financial products and services. It is India’s largest and fastest growing investment platform. The company operates the web & app-based technology platform, ‘Groww’. With Groww, customers can invest and trade in stocks (including via IPOs), derivatives, bonds, mutual funds (including Groww Mutual Fund) and other products. They can also avail margin trading facility and personal loans. Using the Groww app or website, customers can access tools, information and market insights across its products and services and build their investment and trading strategies. It provides customers a friendly design and deploys an in-house technology platform to enhance the investing experience.