Indian online brokerage Groww's quarterly profit falls 28%

Billionbrains Garage Ventures

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;))