Financial Result along with limited review report for the quarter ended 30 June ,2025
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Grovy India reported Q1 FY26 revenue of ₹829.65 lakhs, sharply up from ₹127.71 lakhs in Q1 FY25, driven by its Realty Division which posted ₹825.36 lakhs in sales of constructed properties. The company swung from a loss of ₹25.10 lakhs before tax in the year-ago quarter to a profit of ₹147.06 lakhs. Profit after tax was ₹109.69 lakhs (vs. a loss of ₹25.10 lakhs last year), translating to EPS of ₹0.82 (vs. -₹0.19). For reference, full-year FY25 saw revenue of ₹2,636.17 lakhs and PAT of ₹179.43 lakhs. Statutory auditor Ajay Rattan & Co. issued a clean limited review report with no qualifications.
Sharp top-line jump and a turnaround to profitability are strong positives for shareholders, suggesting improved execution in the realty business; however, results are unaudited and the company remains small-cap, so sustainability of the recovery will be key to watch.