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(19/08/2026 20:20)

Growington Ventures Q1 net profit up 26.85% at Rs 1.89 cr

The company reported standalone net profit of Rs 1.89 crore for the quarter ended June 30, 2026 as compared to Rs 1.49 crore in the same period last year, registering a year-on-year growth of 26.85 per cent.

Net revenue of the company rose two fold by 203.16 per cent at Rs 47.93 crore in April-June quarter of this fiscal as against Rs 15.81 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 232.30 per cent to Rs 45.16 crore from Rs 13.59 crore in year ago period.

Other Income dipped by 16.67 per cent at Rs 0.15 crore versus (Jun'25 Rs 0.18 crore).

Operating Profit surged by 24.22 per cent to Rs 2.77 crore as against Rs 2.23 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 59.05 per cent in June quarter.

Interest grew by 31.03 per cent y-o-y to Rs 0.38 crore, while Taxation increased by 25.49 per cent at Rs 0.64 crore (Jun'25 Rs 0.51 crore).

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