Billionbrains Garage Ventures (Groww) Q3 FY26 Billionbrains Garage Ventures, the parent entity of Groww, reported a **27.8%** year-over-year decline in net profit for **Q3 FY26**. This contraction is primarily attributed to a high base effect following a one-time tax gain recorded in the previous fiscal year. Operational momentum remains robust despite the bottom-line dip. Revenue from operations surged by **24.8%** during the quarter, driven by sustained expansion in user engagement and transaction volumes. The firm achieved significant growth in market share across both the cash stocks and derivatives segments. This performance reinforces Groww's position as a leading competitive force in the retail brokerage landscape. Investment analysts at Motilal Oswal and Citi have maintained their **'Buy'** ratings on the company. The outlook remains positive based on strong top-line growth and a dominant market standing that outweighs the temporary impact of non-recurring tax adjustments.