Groww Slashes Branding Spend in Q3 FY26 as Customer Acquisition Costs Plummet 33%

• Groww's parent company, Billionbrains Garage Ventures, reduced branding expenditure in Q3 FY26.
• Customer acquisition cost (CAC) for Groww fell by 33% quarter-on-quarter to Rs 900.
• Despite a 26% year-on-year revenue increase to Rs 1,261 crore, net profit declined 28% to Rs 547 crore.
• Groww's transacting user base grew 25% year-on-year to over 20 million, adding 217,000 NSE active clients.
• Total customer assets increased by 39% year-on-year, indicating strong investor participation.

Why It Matters: Groww strategically cut branding spend while achieving significant customer acquisition cost reduction and user growth.