Groww parent Billionbrains' quarterly profit rises on lower costs
21/11/2025 05:10
Nov 21 (Reuters) - Billionbrains Garage Ventures BILO.NS, the parent company of Indian online brokerage firm Groww, reported a 12% rise in second-quarter profit on Friday, helped by lower expenses.
Groww, which was founded almost a decade ago and made its stock market debut earlier in the month, posted a consolidated net profit of 4.71 billion rupees ($53.14 million), up from 4.20 billion rupees a year ago.
($1 = 88.6370 Indian rupees)
(Reporting by Komal Salecha in Bengaluru; Editing by Sherry Jacob-Phillips)
((komal@thomsonreuters.com; 6354975591))
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