The newsroom

Groww

The companies, products and regulatory developments shaping the broker industry.

NSE filings put Groww at almost twice Zerodha’s active-client base—and expose a threefold derivatives gap

Official member pages show Groww’s one-year active count approaching twice Zerodha’s, while the disclosed derivative-client intensity of Upstox and ICICI Securities differs by more than threefold.

9 Nov 2026Analysis9 min read

Financial results

Groww’s Q2 income mix shifts towards margin finance and commodity trading

Profit rose 54% from a year earlier but slipped from the June quarter. Growing lending books also absorbed cash as the brokerage expanded its revenue sources.

20 Oct 2026News2 min read