Groww Q3 Results: Profit Dips 28% Despite 25% Revenue Growth

• Billionbrains Garage Ventures (Groww's parent) reported a 27.7% year-on-year drop in net consolidated profit to Rs 546.93 crore for Oct-Dec 2025.
• Consolidated revenue from operations increased by 24.7% year-on-year to Rs 1216.07 crore in the same quarter.
• Total expenses for the December 2025 quarter stood at Rs 515.55 crore.
• Groww shares closed with a 1% gain at Rs 164.25 on BSE on January 14, after a 3% intraday fall.
• Motilal Oswal has issued a 'Buy' rating for Groww with a target price of Rs 185 per share.

Why It Matters: Groww's Q3 profit declined despite strong revenue growth, while its shares showed volatility post-lock-in expiry.