Groww says SEBI rules hit derivatives revenue
In short
Groww said SEBI rules hurt its derivatives revenue. Co-founder and CFO Ishan Bansal said trading activity could recover as the rules change, and IPO-related income may help in the near term.
Groww still expects 25-30% long-term growth. The report does not say which rule changed or how much revenue was hit.
What the reporting says
Groww said SEBI regulation hit derivatives revenue, while co-founder and CFO Ishan Bansal expects activity to recover as regulations evolve and says IPO-related income may support near-term performance. The reporting does not specify which SEBI rule changed or how much revenue was affected. Groww still keeps a 25-30% long-term growth outlook, but the timing and scale of the recovery are not stated.
Why it matters
Groww said SEBI regulation reduced derivatives revenue, and its co-founder and CFO Ishan Bansal expects a recovery as the rules evolve. He also pointed to IPO-related income as a near-term support. The note keeps a 25-30% long-term growth outlook, but the reporting does not identify the regulation, the size of the revenue impact, or when activity may improve.