Parent company of India's Groww climbs after posting higher Q3 adjusted profit

Billionbrains Garage Ventures

14/01/2026 07:54

** Shares of Billionbrains Garage Ventures BILO.NS climb 1% to 164.21 rupees in volatile session

** Parent of online brokerage Groww posts a 24% higher adjusted profit in Q3

** Profit adjusted to exclude a one-time reversal of 3.18 billion rupees that boosted BILO's year-ago profit

** Including that reversal, BILO's profit fell ~28% y/y

** Stock was flat before reporting results

** BILO has risen nearly 50% since its November 12 listing

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))