New Delhi, Nov 21 (PTI) Billionbrains Garage Ventures, the parent company of stock broking platform Groww, on Friday reported a 12 per cent year-on-year growth in its consolidated net profit to Rs 471.33 crore in the September quarter, driven by expanding user base and strong asset growth.

Headquartered in Bengaluru, the company had posted a net profit of Rs 420.16 crore in the July-September quarter of the preceding fiscal (FY25).

The broking firm's revenue from operations declined to Rs 1,018.74 crore in the quarter under review, from Rs 1,125.4 crore in the three months ended September 30, 2024, Groww, which released its first quarterly results after listing on stock markets earlier this month, said in a stock exchange filing.

Groww said its total transacting users rose to 19 million

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