GROWW Billionbrains Garage Ventures Q3 FY26 results (Oct–Dec 2025) and concall
Billionbrains Garage Ventures Limited (Groww) reported a quarter of strong operational performance in Q3 FY26, marked by an expanding EBITDA margin of over 63% and improved user activation ratios. The company is actively integrating the Fisdom wealth management acquisition and progressing with a strategic partnership with State Street for its AMC business, pending regulatory approvals. While profit increased QoQ, it saw a YoY decline due to a prior-year one-off reversal, and management reiterated its focus on reinvestment over near-term dividends.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q3 FY26: revenue up 24.7%, net profit down 27.7% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|
| Revenue | 975 | 801 | 904 | 1,019 | 1,216 +25% |
| EBITDA | 1,014 | 388 | 483 | 603 | 720 −29% |
| Net profit | 757 | 309 | 378 | 471 | 547 −28% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
