New Delhi, Jan. 14 -- Shares of Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, surged 4.2% in Wednesday's session, January 14, to the day's high of Rs.169.40 apiece, as investors appeared to be impressed by the company's performance in the December quarter.

The company announced its Q3FY26 performance today, reporting a 28% YoY decline in its consolidated net profit to Rs.547 crore. In the same period last year, the company had reported a net profit of Rs.757.11 crore.

This decline was due to a one-time gain (net of taxes) of Rs.315 crore booked in Q3 last year. Excluding this, operating PAT increased 24% from Rs.442 crore YoY. The net profit is attributable to the company's shareholders.

On the topli...