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Groww reports over 300% rise in net profit at Rs 297 crore in FY24: ICRA

India’s largest broking platform by active investors more than doubled its revenue during the fiscal to Rs 2,899 crore. Despite the Tiger Global-backed stock broking platform foraying into the margin trading facility business, which would result in higher dependence on borrowings, Groww’s financial leverage is expected to remain comfortable, said ICRA.

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