India, Jan. 14 -- Brokerage platform Groww's consolidated profit after tax fell 27.8% to INR 546.9 Cr in the quarter ended December 2025 (Q3 FY26) from INR 757.1 Cr in the year-ago period. However, profit grew 16% sequentially from INR 471.3 Cr.

It is pertinent to mention that the decline in YoY profit was because of reversal of long-term incentive plan for the company's management in the year-ago period.

"Long term incentive of INR 106.2 Cr and INR 318.5 Cr was accrued as per long term incentive plan established for the management during the year ended March 31, 2024 and six months period ended September 30, 2024 respectively. The said long term incentive plan was cancelled during the three months period ended December 31, 2024. Accord...