Groww Q3 FY26 Net Profit Down 28% YoY, Stock Jumps 4% on Strong Revenue Growth

• Groww's net profit for Q3 FY26 fell 28% year-on-year to Rs 547 crore, compared to Rs 757 crore a year earlier.
• The decline in net profit was attributed to a one-time post-tax gain of Rs 315 crore in Q3 FY25, which inflated the previous year's base.
• Operating revenue surged 26% year-on-year to Rs 1,261 crore, and adjusted EBITDA increased 24% on-year to Rs 742 crore.
• Groww's stock rose by 3.9% following the earnings release, trading at Rs 169 on the NSE.
• The company expanded its transacting user base by 25% to over 2 crore and gained significant market share in equities and derivatives.

Why It Matters: Groww's Q3 FY26 net profit declined due to a prior one-time gain, but strong operating revenue and user growth boosted its stock.