Mumbai, Jan 14 || Billionbrains Garage Ventures, the parent company of stock broking platform Groww, on Wednesday reported a sharp fall in profits for the third quarter of financial year 2026 (Q3 FY26).
The company’s consolidated net profit declined 27.8 per cent year-on-year (YoY) to Rs 546.93 crore in Q3 FY26, compared with Rs 757.11 crore in the same quarter last financial year.
On the other hand, revenue from operations rose 24.8 per cent to Rs 1,216.07 crore from Rs 974.53 crore reported a year ago, according to its stock exchange filing.
On a standalone basis, the company’s performance was weaker. Profit after tax fell 36.7 per cent year-on-year (YoY) to Rs 428.45 crore in the December quarter, compared with Rs 677.46 crore in the corresponding period of the previous financial year.
However, adjusted EBITDA improved during the quarter and stood at Rs 741.80 crore, up from Rs 598.1 crore in Q3 FY25, according to the company’s investor presentation.