Grovy India publishes FY26 audited results in newspapers under Regulation 47

2 min read     Updated on 01 May 2026, 05:21 PM
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Grovy India Limited submitted newspaper publication of audited financial results for FY26 to BSE under Regulation 47 on May 1, 2026, with results published in Financial Express and Jansatta. The company reported strong financial performance with total revenue of ₹3,534.88 lakhs (34.09% growth), Profit After Tax of ₹289.81 lakhs (61.52% growth), and Earnings Per Share of ₹2.17 (60.74% growth). Established in 1985, the company operates as a niche luxury developer across South Delhi with 100+ completed projects and an extensive pipeline of ongoing developments.

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Grovy India Limited submitted the newspaper publication of its audited financial results for the quarter and year ended March 31, 2026, to BSE Limited under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Simran Rajput digitally signed the submission on May 1, 2026, at 15:45:17 +05'30', confirming publication in Financial Express (English) and Jansatta (Hindi).

Strong Financial Performance Highlights

The audited results, previously showcased in the investor presentation submitted on April 30, 2026, demonstrated robust financial metrics for FY26. Total revenue reached ₹3,534.88 lakhs, representing a 34.09% increase from ₹2,636.17 lakhs in the previous year. Profit After Tax surged by 61.52% to ₹289.81 lakhs from ₹179.43 lakhs, while Earnings Per Share grew 60.74% from ₹1.35 to ₹2.17.

Financial Metric: FY26 FY25 Growth (%)
Total Revenue (₹ lakhs): 3,534.88 2,636.17 +34.09%
Profit After Tax (₹ lakhs): 289.81 179.43 +61.52%
Total Assets (₹ lakhs): 7,335.13 4,855.36 +51.07%
Earnings Per Share (₹): 2.17 1.35 +60.74%

Strategic Market Positioning

Established in 1985 with over 40 years of experience, Grovy India has delivered 100+ projects serving 500+ families across South and Lutyens Delhi. The company operates as a niche luxury developer focusing on supply-constrained premium markets through turnkey, outright, and joint venture models. The company maintains a strategic advantage in South Delhi's redevelopment market, valued at ₹6 lakh crore across 40 colonies.

Comprehensive Project Portfolio

The company maintains an extensive project pipeline across prime South Delhi locations including Greater Kailash, Hauz Khas, East of Kailash, Anand Niketan, Neeti Bagh, and Defence Colony. Multiple projects spanning areas from 10,000 to 36,000 sq.ft are in various stages of completion, with deliveries scheduled through Q4 FY28.

Project Status: Count Total Area Coverage
Completed Projects: 5 77,000 sq.ft
Ongoing Projects: 8 153,000 sq.ft
Pipeline Projects: 2 35,000 sq.ft

Regulatory Compliance and Governance

The Board of Directors approved the results at their meeting on April 30, 2026. Company Secretary Simran Rajput (Membership A77691) ensured regulatory compliance through both the investor presentation submission under Regulation 30 and the newspaper publication under Regulation 47. The company maintains transparency through regular BSE filings and adherence to SEBI listing regulations.

Historical Stock Returns for Grovy

1 Day5 Days1 Month6 Months1 Year5 Years
+1.26%+4.06%+17.48%+3.40%-22.20%+382.35%

How will Grovy India sustain its 61% profit growth trajectory amid potential market volatility and rising construction costs in FY27?

What impact could regulatory changes in Delhi's redevelopment policies have on Grovy's ₹6 lakh crore South Delhi market opportunity?

Will Grovy India consider expanding beyond South Delhi's luxury segment or explore new geographical markets given its strong financial position?

Grovy India Limited Re-appoints Mr. Saroj Kumar Mishra as Internal Auditor for FY 2026-27

1 min read     Updated on 01 May 2026, 12:20 AM
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Grovy India Limited re-appointed Mr. Saroj Kumar Mishra as Internal Auditor for FY 2026-27, effective from April 30, 2026. The decision was approved by the Board following Audit Committee recommendation and complies with Companies Act provisions. Mr. Mishra brings 20 years of experience in accounts and audit to ensure proper internal audit functions.

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Grovy India Limited has announced the re-appointment of Mr. Saroj Kumar Mishra as Internal Auditor for the financial year 2026-27. The decision was made by the Board of Directors on April 30, 2026, following a recommendation from the company's Audit Committee during their meeting held on the same date.

Re-appointment Details

The re-appointment is effective from the conclusion of the Board meeting and extends through the financial year 2026-27. This decision aligns with the provisions of Section 138 of the Companies Act, 2013, read with Rule 13 of the Companies (Accounts) Rules, 2014, which mandates the conduct of internal audit for companies.

Parameter: Details
Internal Auditor: Mr. Saroj Kumar Mishra
Re-appointment Date: April 30, 2026
Tenure: Financial Year 2026-27
Approving Authority: Board of Directors
Recommendation By: Audit Committee

Professional Background

Mr. Saroj Kumar Mishra brings substantial expertise to his role as Internal Auditor. He holds a bachelor's degree in commerce and possesses 20 years of rich experience in the areas of accounts and audit. This extensive background positions him well to oversee the company's internal audit functions and ensure compliance with regulatory requirements.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made in compliance with Part A of Schedule III of the Listing Regulations and SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015.

The information regarding this re-appointment has also been made available on the company's website at www.grovyindia.com , in accordance with Regulation 46 of SEBI Listing Regulations. The formal communication was signed by Simran Rajput, Company Secretary and Compliance Officer, who holds membership number A77691.

Historical Stock Returns for Grovy

1 Day5 Days1 Month6 Months1 Year5 Years
+1.26%+4.06%+17.48%+3.40%-22.20%+382.35%

What specific internal control improvements or audit focus areas might Mr. Mishra prioritize during his renewed tenure given current market conditions?

How could this continuity in internal audit leadership impact Grovy India's upcoming financial reporting and compliance ratings?

What potential regulatory changes in the audit framework might affect Grovy India's internal audit processes during FY 2026-27?

More News on Grovy

1 Year Returns:-22.20%