India’s largest digital investment platform Groww — run by Adia-backed fintech firm Billionbrains Garage Ventures — posted a 12% y-o-y rise in consolidated net income to INR 4.7 bn (USD 56.4 mn) for the quarter ending September 2025, according to an earnings release. It’s the company’s first quarterly results since it went public earlier this month.

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Revenue fell 9.4% y-o-y to INR 10.19 bn (USD 122 mn) from INR 11.25 bn (134.6 mn) in the same quarter last year. Net income rose on the back of lower expenses.

India’s largest stockbroker? Groww’s active-user base reached 14.8 mn — making it India’s largest stockbroker, the company said in the note. The platform offers equity trading, mutual funds, and fixed-income products targeted at India’s retail investors.

CEO’s pitches for customer growth: In a message to shareholders, CEO and co-founder Lalit Keshre said the company remains focused on customer growth and product expansion, adding that retention is improving as users adopt more services across the platform.

Earnings surge for energy retailers-

Indian oil marketing companies (OMCs) look set to turn in strong results this fiscal year, with operating income projected to jump more than 50% (up to USD 20 per crude barrel) driven by robust marketing margins, according to a note from Crisil Ratings. Last fiscal year, the OMCs clocked USD 12 per barrel in operating income. The uptick is backed by stable retail fuel prices and what the agency says should be strong oil prices.

Stronger revenues will deliver better cashflows to help support what Crisil thinks will be some INR 900 bn (USD 10 bn) in capital expenditures, much of it focused on brownfield expansion and projects catering to domestic demand.

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