Q3 Results LIVE: Groww Profit Up 16%; Indian Overseas Bank Profit Also Spikes

Shares of Groww have erased their day's losses to overperform the Nifty as of 1:10 p.m.

Indian Overseas Bank Q3 Highlights (YoY)

• NII up 18% at Rs 3,299 crore versus Rs 2,789 crore

• Net profit up 56% at Rs 1,365 crore versus Rs 874 crore

• Gross NPA at 1.54% versus 1.83%

• Net Gross NPA at 0.24% versus 0.28%

Union Bank of India Q3 Highlights (YoY)

• NII up 1% at Rs 9,328 crore versus Rs 9,240 crore

• Net profit up 9% at Rs 5,017 crore versus Rs 4,604 crore

• Gross NPA at 3.06% versus 3.29%

• Net Gross NPA at 0.51% versus 0.55%

Billionbrains Garage Ventures Q3 Highlights (Consolidated, YoY)

• Profit down 28% at Rs 547 crore versus Rs 757 crore

• Total income up 26% at Rs 1,252 crore versus Rs 996 crore

Billionbrains Garage Ventures Q3 Highlights (Consolidated, QoQ)

• Revenue up 19.44% at Rs 1216 crore versus Rs 1018 crore.

• Ebitda up 19.37% at Rs 720.8 crore versus Rs 603.8 crore.

• Ebitda margin down 3 bps at 59.27% versus 59.31%.

• Net profit up 16.13% at Rs 547 crore versus Rs 471 crore.

Source: Exchange Filing

ICICI Prudential AMC's share price is up nearly 1% on Wednesday, ahead of its Q3 numbers.