Whalesbook
Wealth-tech firm Groww reported a 12% year-on-year increase in net profit for the September quarter (Q2 FY26), reaching ₹471 crore. However, revenue from operations declined 9.5% to ₹1,019 crore. The profit jump is primarily attributed to a significant one-time incentive payout to top executives in the previous fiscal year (FY25), which artificially lowered Q2 FY25 profits.