Groww Q3 FY26: Profit Dips, Revenue Soars; Stock Reacts Positively | Quick Digest

Groww Q3 FY26: Profit Dips, Revenue Soars; Stock Reacts Positively | Quick Digest
Groww announced its Q3 FY26 results on January 14, 2026, reporting a 28% year-on-year drop in consolidated net profit to ₹547 crore, largely due to a one-time gain in the prior year. However, revenue from operations surged by 25% to ₹1,216 crore, and adjusted operating profit after tax increased by 24%.

Groww reported Q3 FY26 net profit of ₹547 crore, a 28% YoY decline.

Revenue from operations significantly rose by 25% year-on-year to ₹1,216 crore.

Profit decline primarily attributed to a one-time gain in Q3 FY25.

Adjusted operating profit after tax (excluding one-time item) grew 24% YoY.

Groww's shares saw varied reactions, initially lower but mostly positive post-announcement.

Company expanded market share in cash equities to 28.8% and equity derivatives to 18.1%.

Billionbrains Garage Ventures Ltd., the parent company of the Indian fintech platform Groww, officially announced its third-quarter financial results for FY26 on January 14, 2026. The company reported a consolidated net profit of ₹547 crore, marking a 28% year-on-year decline from the previous year's ₹757 crore. This dip in profit, however, was largely due to a significant one-time post-tax gain of ₹315 crore recorded in Q3 FY25, which inflated the prior year's base. Excluding this exceptional item, Groww's operating profit after tax actually demonstrated a robust 24% year-on-year growth. On the revenue front, Groww showed strong performance, with revenue from operations increasing by 25% year-on-year to ₹1,216 crore. Sequentially, net profit also surged by 16% from Q2 FY26. The company continued to gain market share across key segments, with its share in the cash equities segment expanding to 28.8% from 21.6% in Q3 FY25, and equity derivatives jumping to 18.1% from 12.2% over the same period. Groww's total transacting user base also grew by 25%, surpassing 20 million users. The article in question from Upstox, published on January 14, 2026, initially stated that Groww's share price was trading lower in early trade ahead of the Q3 FY26 earnings announcement. While this was accurate for the very early hours of trading, the market's reaction shifted as the full details of the results were absorbed. Post-announcement, Groww's shares often traded higher, with some reports indicating a surge of over 4% to ₹169.40 apiece, as investors looked beyond the headline profit dip to the strong underlying operational performance and revenue growth. The earnings call was also scheduled for the same day to discuss the results. The news is significant for the Indian fintech and investment sector.
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