Growington Ventures India Limited reported a 38.81% increase in standalone net profit to ₹341.27 lakh for the financial year ended March 31, 2026, compared to ₹245.85 lakh in the previous year. Consolidated profit after tax surged 86.64% to ₹462.33 lakh from ₹247.71 lakh in the prior year. The company’s total standalone revenue from operations rose 107.13% to ₹12,652.97 lakh, while consolidated revenue increased 107.56% to ₹13,183.38 lakh.

The board has scheduled the 16th Annual General Meeting for July 15, 2026, at 09:45 A.M. through video conferencing. Shareholders will consider the adoption of audited financial statements for FY26, the re-appointment of Mr. Vikram Bajaj as a director, and the re-appointment of statutory auditors. Special business includes the appointment of Mr. Lokesh Patwa as Whole Time Director and Mr. Ankit Jalan as an Independent Director, along with approvals for managerial remuneration.

The Register of Members and Share Transfer Books will remain closed from July 9, 2026, to July 15, 2026, for the AGM. The cut-off date for determining voting rights for remote e-voting is July 8, 2026. The remote e-voting period begins on July 12, 2026, at 09:00 A.M. and ends on July 14, 2026, at 05:00 P.M.

Financial Performance

The company’s Profit Before Tax (PBT) for the standalone entity increased 24.66% to ₹467.91 lakh, while consolidated PBT grew 56.13% to ₹588.97 lakh. The board has decided not to recommend any dividend for the financial year 2025-26 to preserve resources for future expansion plans.

Capital Structure and Rights Issue

During the year, the company increased its paid-up share capital from ₹16,05,53,940 to ₹64,22,15,760 through a rights issue. The company raised ₹4,816.62 lakh via the issue of 48,16,61,820 fully paid-up equity shares at ₹1 per share. The proceeds were utilized for working capital requirements and general corporate purposes. The statutory auditors, M/s D K Chhajer & Co., confirmed that the funds were applied for the stated objectives without deviation.

Growington Ventures India Limited reported a 38.81% increase in Profit After Tax (PAT) to ₹341.27 lakh for the financial year ended March 31, 2026, compared to ₹245.85 lakh in the previous year. Revenue from operations surged 107.13% to ₹12,652.97 lakh from ₹6,108.58 lakh in FY25. The company’s Profit Before Tax (PBT) rose 24.66% to ₹467.91 lakh.

The company, which imports premium quality fruits, attributed the growth to a broad-based performance across markets. On a consolidated basis, revenue increased 107.56% to ₹13,183.38 lakh, while PAT jumped 86.64% to ₹462.33 lakh. The board has decided not to recommend any dividend for the year to preserve resources for future expansion.

Financial Performance

The standalone financial results for the year show significant improvement in both top-line and bottom-line figures. Total income for the year stood at ₹12,729.52 lakh, up from ₹6,189.48 lakh in the previous fiscal. Total expenses also increased to ₹12,261.61 lakh from ₹5,814.12 lakh.

Operational Highlights

The company’s paid-up share capital increased from ₹16,05,53,940 to ₹64,22,15,760 through a rights issue during the year. The proceeds were utilized for working capital requirements and general corporate purposes. The company’s reserves and surplus stood at ₹810.71 lakh as of March 31, 2026.

Foreign exchange earnings for the year were ₹19.02 lakh, while outgoings stood at ₹1,180.81 lakh. The company reported no material changes or commitments affecting its financial position between the end of the financial year and the date of the report.