Regulation 34 of the SEBI (Listing Obligation and disclosure Requirements) Regulation, 2015- Annual Report for the year ended 31st March, 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 Ltd, BSE: 539222) has submitted its 15th Annual Report for FY 2024-25, along with the notice of its AGM scheduled for September 25, 2025 via video conferencing. The company, which shifted from a Covid-hit travel business to importing and trading premium fruits, reported a strong year — standalone revenue from operations more than doubled to Rs. 6,108.58 lakhs (up 101.32% YoY from Rs. 3,034.22 lakhs). Profit After Tax rose 40.08% to Rs. 245.85 lakhs, while Profit Before Tax grew 36.09% to Rs. 375.36 lakhs. On a consolidated basis, PAT jumped 116.93% to Rs. 247.71 lakhs. The Board has not recommended any dividend for FY25, citing expansion plans, and the company is preparing to raise funds via a rights issue (BSE approval received in March 2025). The AGM will also seek shareholders' approval to re-appoint director Vikram Bajaj and to appoint M/s. Santosh Singh & Associates as Secretarial Auditor for five years.
This is a routine annual report filing, but it highlights a sharp turnaround story — revenue and profits have surged as the company pivoted to fruit imports. No dividend means shareholders won't get payout this year, though a rights issue is on the horizon which could dilute holdings. Strong profit growth is a positive signal for long-term shareholders.