Indian online brokerage Groww's quarterly profit falls 28%
14/01/2026 07:11
Jan 14 (Reuters) - Billionbrains Garage Ventures BILO.NS, the parent company of Indian online brokerage firm Groww, reported a nearly 28% drop in third-quarter profit on Wednesday, pressured by higher expenses.
Groww, founded almost a decade ago and listed on the stock market last year, posted a consolidated net profit of 5.47 billion rupees ($60.64 million) for the quarter ended December 31.
($1 = 90.2013 Indian rupees)
(Reporting by Komal Salecha in Bengaluru; Editing by Sumana Nandy and Janane Venkatraman)
((Komal@thomsonreuters.com;))
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