Groww Parent Reports Q3 Profit Decline Amid Revenue and Market Share Growth

Billionbrains Garage Ventures, parent of Groww, reported a 27.8% year-on-year decline in consolidated net profit for Q3 FY26, mainly due to a one-time tax gain in the previous year. Despite this, revenue rose 24.8% to Rs 1,216 crore, supported by growth in broking orders and market share across stocks, derivatives, and mutual funds. Analysts maintain positive outlooks, highlighting strong revenue growth and expanding market presence, with commodity trading gaining traction alongside equity and cash market segments.