Highlights
Groww Reports Strong Q3 Results with Revenue Growth
Groww, a digital investment platform, announced its initial quarterly results after going public on the stock exchanges. During the third quarter, the company experienced a revenue boost of 25%, despite a 28% decrease in profit compared to the previous year.
Revenue and Financial Performance
The operational revenue rose to Rs 1,216 crore in Q3 FY26, up from Rs 974.5 crore in the same period last year, as detailed in the financial statement sourced from the NSE. An additional Rs 45 crore came from other income, resulting in a total income of Rs 1,261 crore for the quarter. On a sequential basis, the income grew by 19%, increased from Rs 1,019 crore in Q2 FY26. However, for the nine months concluded in December 2025, the firm’s revenue remained steady at Rs 3,139 crore.
Expense Breakdown
On the expense front, employee benefits represented the largest cost, accounting for 30% of the overall expenses at Rs 157 crore in Q3 FY26. The finance costs were reported at Rs 10 crore, while depreciation added another Rs 9 crore, leading to a total expense of Rs 515.5 crore for the quarter.
Profit Analysis
Groww’s net profit fell by 28% to Rs 547 crore in Q3 FY26, compared to Rs 757 crore in Q3 FY25. For the nine-month period ending December 2025, the company recorded a profit of Rs 1,397 crore.
Market Debut and Stock Performance
Groww made an impressive entry into the Indian stock exchanges in November of the previous year, with shares listing at Rs 114 on the BSE, reflecting a 14% premium over the issue price despite a moderate grey market premium (GMP) of approximately 3%. On the NSE, shares began trading at Rs 112.
As of 12:51 PM, shares of Groww India are trading at Rs 158, bringing the total market capitalization to Rs 97,595 crore ($11.21 billion).