Approved the Audited financial results and Auditors' Report thereon for the quarter and year ended on 31st March, 2026 and re-appointment of Mr. Saroj Kumar Mishra on recommendation of ....
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Grovy India Ltd's Board approved audited financial results for Q4 and FY ended March 2026. Total revenue grew 34% to ₹3,534.88 lakhs from ₹2,636.17 lakhs. Net profit jumped 61% to ₹289.81 lakhs versus ₹179.43 lakhs year earlier. Profit before tax increased to ₹386.90 lakhs from ₹239.69 lakhs. Total assets rose significantly to ₹7,335.13 lakhs from ₹4,855.36 lakhs, mainly driven by higher inventories at ₹6,087.55 lakhs. Cash flow from operations turned positive at ₹42.90 lakhs compared to negative ₹1,342.18 lakhs last year. EPS improved to ₹2.17 from ₹1.35. The Board also appointed Mr. Saroj Kumar Mishra as Internal Auditor for FY 2026-27 on the Audit Committee's recommendation. Statutory auditors Ajay Rattan & Co. issued an unmodified (clean) opinion.
Strong financial performance with doubled profit growth and improved cash generation signals operational strength. The clean audit opinion reinforces reliability of financials. Higher inventory levels warrant monitoring for demand alignment.