India, Jan. 15 -- Groww's Bottom Line Fades In Q3

Groww delivered a volatile yet resilient performance in the third quarter of the ongoing financial year. The listed investment tech major's profit took a hit due to certain exceptional provisions, while revenue accelerated through smart diversification and disciplined expansion.

Here's a quick look at Groww's Q3 FY26 results:

Profits declined 28% YoY to INR 546.9 Cr

Operating revenue surged 25% YoY to INR 1,216.1 Cr

Total income stood at INR 1,261.1 Cr

Adjusted EBITDA climbed 24% YoY to INR 741.8 Cr

Marketing expenses rose 23% YoY to INR 124.6 Cr, and operational expenses jumped 17% YoY to INR 152.1 Cr

The Profit Distortion: Groww's headline profits slipped YoY due to the reversal ...