Groww parent Billionbrains reports 12% rise in quarterly profit on lower costs
Photo: Reuters
Billionbrains Garage Ventures (BILO.NS), the parent company of Indian online brokerage Groww, reported a 12% increase in second-quarter profit on Friday, supported by lower operating expenses.
The company, which went public earlier this month, posted a consolidated net profit of 4.71 billion rupees ($53.14 million), up from 4.20 billion rupees a year earlier, News.Az reports, citing Reuters.
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