Grovy India Ltd Approves Q1 FY2026 Results; Realty Division Leads Revenue Growth

Grovy India Ltd Approves Q1 FY2026 Results; Realty Division Leads Revenue Growth

Grovy India Ltd Approves Q1 FY2026 Results; Realty Division Leads Revenue Growth​

Grovy India Limited reported its unaudited financial results for the first quarter ended on June 30, 2026. The company's Board of Directors considered and approved these results following a meeting held on July 23, 2026. The company also released segment-wise performance data, reflecting strong activity across its divisions.

The financial statements were reviewed by the company’s Audit Committee and subsequently approved by the Board of Directors. The independent auditor conducted a limited review of the results for the quarter ended June 30, 2026, finding no material misstatement regarding the required disclosures.

Q1 FY2026 Financial Performance Highlights​

For the three months ending June 30, 2026, Grovy India reported several key financial metrics, comparing its performance against previous periods.

Key figures from the Statement of Profit and Loss are presented below (all figures in lakhs):

MetricQ1 FY2026 (Unaudited)Q4 FY2025 (Audited)Q1 FY2025 (Unaudited)Q4 FY2026 (Audited)
Total Revenue8,5090.714.29214.78
Total Expenses2,504.38673.93682.603,147.97
Profit Before Tax (PBT)254.05115.55147.06386.90
Total Comprehensive Income199.0662.39123.41277.07

Segment Performance Breakdown​

The company operates through two primary segments: Realty Division (Including Construction) and Trading of Securities, along with an Unallocated segment. The results for the quarter ended June 30, 2026, are detailed by segment, showing profitability across divisions.

The total segment revenue stood at 2,758.43 lakhs in Q1 FY2026.

Segment-wise financial data is provided below (all figures in lakhs):

SegmentQ1 Revenue (Unaudited)PBT (Q1 FY2026)Total Segment Assets
Realty Division (Including Construction)2,749.93292.718,579.55
Trading of Securities-34.3954.75
Unallocated8.50-15.4942.36
Total2,758.43277.228,676.66

The Realty Division was the primary contributor to revenue in Q1 FY2026, while the overall Total Segment Results showed a Profit Before Tax of 254.04 lakhs for the period (comprising all operational income and expenses).

Financial Notes and Updates​

The results were prepared in accordance with Indian Accounting Standard 34 on Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013.

In addition to financial reporting, the company had previously approved a decision regarding increased authorized share capital. This increase involves expanding the authorized share capital from 135 million equity shares of ₹10 each to 250 million equity shares of ₹10 each, through the creation of an additional 115 million equity shares.

The company also proposed the allotment of 4,169,433 equity shares to persons and entities belonging to the promoter and public categories as part of its future fundraising plan.

Stock Price Movement​

Grovy India Ltd shares settled at ₹53.38 today, ticking up 1.21% in post-market trading. The stock moved within a noticeable intraday range, ranging between a low of ₹50.65 and a high of ₹54.00.
 

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