Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company in its meeting ....
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Growington Ventures India's board met on July 25, 2025 and approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations surged to Rs. 1,581.45 lakhs from Rs. 643.34 lakhs in Q1 FY25, while standalone profit after tax rose to Rs. 149.35 lakhs from Rs. 82.71 lakhs. Consolidated revenue grew to Rs. 1,651.03 lakhs with consolidated PAT at Rs. 213.82 lakhs. The company also noted the Statement of Deviation/Variation for the recently completed Rights Issue of 48,16,61,820 equity shares at Rs. 1 each (raising about Rs. 48.17 crores), with no deviation in use of proceeds.
Strong quarter for shareholders with revenue more than doubling year-on-year and PAT growing over 80% standalone. The fresh capital from the rights issue is being deployed into working capital and general corporate purposes with no misuse flagged. The clean auditor review report (no qualifications) adds credibility, though the stock has seen massive equity dilution from the rights issue which will weigh on per-share metrics going forward.