{"id":"f-993d06a2ab-ec93ad08-af70-5b1c-b223-7a53ccd06b5e","title":"Groww Q3 Results: Net profit plummets by 28% to Rs 547 cr, revenue up 25%","description":"Groww Q3 Results: Apart from earnings, the firm's Board approved an investment and secondary sale involving State Street Global Advisors (SSGA) in Groww Asset Management Ltd.","timestamp":1768392649,"category":"business","headline":"Groww Q3 Results: Net profit plummets by 28% to Rs 547 cr, revenue up 25%","modifiedHeadline":"Groww's Profit Drops Despite Revenue Growth","subCategories":["scid_4d81caea"],"region":"IN","bundleMetaData":{"bundleId":"ece1ae3d-908e-48c7-9e53-a4aa910ee4db","bundleTitle":"Grow Your Money","cardData":null},"iabCategoryId":"53","fcSummary":"Billionbrains Garage Ventures (Groww) reported a 28% year-on-year decline in consolidated profit to ₹547 crore for Q3FY26, but profit rose 16.1% QoQ. Revenue increased 24.71% YoY. The board approved a ₹580 crore investment in Groww AMC, with stock surging 4%.","summary":"Groww's Q3 net profit shockingly dips 28% to ₹547 cr despite 25% revenue surge. Board OK's State Street Global Advisors investment.","ctaUrl":"https://trends.glance.com/newz/Personal_Finance/IN/en/et-now/f-993d06a2ab-ec93ad08-af70-5b1c-b223-7a53ccd06b5e","sourceUrl":"https://www.etnownews.com/markets/groww-q3-results-net-profit-plummets-by-28-to-547-cr-article-153445642","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/j6g6Bmcbgup0.webp","content":"

\n $\"groww$ \n

Groww Q3 Results: Recently listed capital markets firm Billionbrains Garage Ventures on Wednesday announced its quarterly earnings for the third quarter of

\n\n\n

the current financial year (Q3FY26). For the October–December 2025 quarter, the company reported a nearly 28 per cent year-on-year decline in consolidated profit to Rs 547 crore. In the corresponding period, the company has posted a net profit of Rs 758 crore in Q3FY24. On a quarter-on-quarter basis, however, profit rose 16.1 per cent from Rs 471 crore in Q2FY26. Revenue from operations increased 19.4 per cent sequentially to Rs 1,216.7 crore from Rs 1,018.7 crore in the previous quarter, while on a year-on-year basis, revenue rose 24.71 per cent from Rs 975 crore. EBITDA for Q3FY26 stood at around Rs 720 crore, up 19.3 per cent quarter-on-quarter from Rs 604 crore, with EBITDA margins remaining steady at 59 per cent. Total income for the quarter came in at Rs 1,261.1 crore, while total expenses stood at Rs 515.6 crore. According to firm, profit before tax was reported at Rs 744.9 crore. On the cost front, employee benefits expense rose to Rs 157 crore in Q3FY26 from Rs 123.8 crore in Q2FY26. While other expenses increased to Rs 338.5 crore from Rs 291 crore sequentially.

\n\n\n

\n
\n
\n

Board approves Rs 580-cr investment in Groww AMC

\n
\n
\nAlongside its results, the Board approved a strategic investment and secondary sale involving State Street Global Advisors (SSGA) in Groww Asset Management Ltd. \n
\n
\nUnder the proposed transaction, SSGA will invest up to Rs 580 crore through a combination of primary subscription and secondary share purchase. \n
\n
\nWhile the deal could result in dilution of up to 23 per cent of Groww AMC’s fully diluted equity, voting rights will be capped below 4.99 per cent, and Groww AMC will remain a subsidiary of BGVL, subject to regulatory approvals.\n
\n
\nThe Bengaluru-headquartered firm made its Dalal Street debut on domestic stock exchanges on November 12, 2025, after concluding its IPO with overwhelming demand.\n
\n
\n
Groww listing and m-cap details
\n
\nThe Bengaluru-headquartered firm -- Billionbrains Garage Ventures -- made its Dalal Street debut on domestic stock exchanges on November 12, 2025, after concluding its IPO with overwhelming demand.\n
\n
\nShares of Groww were listed at Rs 112 on the NSE, marking a 12 per cent premium over the issue price. On the BSE, the stock debuted at Rs 114, delivering a 14 per cent listing gain over the upper end of the price band.\n
\n
\nAt the time of listing on November 12, the company’s market valuation stood at around Rs 70,379 crore. In the days following the debut, Groww’s market capitalisation also crossed the Rs 1 lakh crore mark.\n
\n
\n

Stock surges 4%

\n
\nGroww shares are trading in green zone after the Q3FY26 results. The capital market stock was trading 4 per cent higher at Rs 169.18 on the NSE on Wednesday, compared to its previous closing price.\n
\n
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)\n

","readDurationInMinutes":"6","author":{"name":"ET Now","logo":"https://glance-mob.glance-cdn.com/public/bubble/jpeg/7aec3c7f-0d5c-4772-be2b-8a2314586551.jpeg"},"ism":false,"analyticsResponses":[{"measurementId":"G-FHL4HKFC2Z","type":"GA"},{"measurementId":"26200502","type":"COMSCORE","partnerName":"glance"}],"pointerSummary":["Billionbrains Garage Ventures reports Q3FY26 profit at Rs 547 crore, down 28% YoY.","Revenue rose 24.71% YoY to Rs 1,216.7 crore, with EBITDA at Rs 720 crore.","Board approves Rs 580 crore investment in Groww AMC, potentially diluting equity by 23%."],"tags":["Groww","Q3Results","BillionbrainsGarageVentures","GrowwAMC","StateStreetGlobalAdvisors","SSGA","Investment","SecondarySale","NetProfit","Revenue","EBITDA","IPO","StockMarket","DalalStreet","NSE","BSE","Q3FY26","Bengaluru"],"consent":true,"redirectionEnabled":false}

Groww Q3 Results: Net profit plummets by 28% to Rs 547 cr, revenue up 25%

SUMMARY