Pursuant to Regulation 33 of SEBI (LODR) for quarter ended 30 june 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Growington Ventures India Ltd (formerly VMV Holidays), a fruit-trading company, filed its Q1 FY26 results on July 25, 2025. Standalone revenue from operations jumped about 146% year-on-year to Rs. 1,581.45 lakhs (vs Rs. 643.34 lakhs in Q1 FY25), while standalone profit after tax grew about 80% to Rs. 149.35 lakhs (vs Rs. 82.71 lakhs). On a consolidated basis, including the Dubai-based wholly-owned subsidiary Elementures Foodstuff Trading LLC, revenue rose to Rs. 1,651.03 lakhs and PAT surged nearly 5x to Rs. 213.82 lakhs. The company also completed a rights issue on June 23, 2025, allotting 48.16 crore equity shares at Rs. 1 each in a 3:1 ratio, raising about Rs. 4.82 crores mainly for working capital, general corporate purposes, and issue expenses. Auditor DK Chhajer & Co. issued an unmodified limited review report with no qualifications or emphasis of matter.
Sharp revenue and profit growth point to strong business momentum in fruit trading, which is positive for shareholders. However, the absolute size of the company remains very small (sub-Rs. 20 crore quarterly revenue) and the rights issue was modest in value, so investors should watch whether the growth is sustainable and how the fresh capital is deployed.