Groww’s equity derivatives revenue falls 14.3% QoQ amid CAS impact
The parent company of stockbroking platform Groww, saw its equity derivatives revenue decline 14.3% quarter-on-quarter (QoQ) in the September quarter of FY27
Via Entrackr
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"Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, saw its equity derivatives revenue decline 14.3% quarter-on-quarter (QoQ) in the September quarter of FY27, with the company attributing most of the fall to SEBI"s new Closing Auction System (CAS). In its quarterly results, Groww said the decline was in line with the trend seen across the industry following the rollout of CAS on August 3, 2026. The system changed the way closing prices are determined for stocks eligible for…
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