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Groww Q2 profit declines 28 pc to  Rs 547 cr; total...

Billionbrains Garage Ventures, the parent company of Groww, reported a 28% year-on-year decline in profit after tax to ₹547 crore for Q3 FY26, down from ₹757 crore in the same quarter last year. Despite the drop in profit, total income rose by 26% to ₹1,261 crore, indicating a strong performance in revenue generation.

Groww Q2 profit declines 28 pc to  Rs 547 cr; total...

Credit: Dailyexcelsior

Key Highlights

  • Q3 FY26 profit after tax decreased to ₹547 crore from ₹757 crore YoY.
  • Total income for the quarter increased by 26% to ₹1,261 crore.
  • The profit decline was attributed to a one-time gain of ₹315 crore in Q3 FY25.
  • Operating profit after tax rose 24% to ₹442 crore when excluding the one-time gain.
  • Groww's share price increased by 4.2% following the earnings announcement.
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Sources

  1. Groww share price pops over 4% as Q3 adjusted profit rises 24% YoY to ₹547 crore
  2. Groww Q2 profit declines 28 pc to  Rs 547 cr; total...

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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