Growington Ventures FY26 PAT up 38.81% to ₹341.27 lakh

1 min read     Updated on 15 Jun 2026, 06:01 PM
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Anirudha BScanX News Team
AI Summary

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. Revenue from operations surged 107.13% to ₹12,652.97 lakh, while Profit Before Tax (PBT) rose 24.66% to ₹467.91 lakh. The company’s paid-up share capital increased through a rights issue, and the Board has decided not to recommend any dividend for the year.

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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.

Particulars FY26 (₹ in lakh) FY25 (₹ in lakh) Change
Revenue from Operations 12,652.97 6,108.58 107.13%
Total Income 12,729.52 6,189.48 -
Total Expenses 12,261.61 5,814.12 -
Profit Before Tax 467.91 375.36 24.66%
Profit After Tax 341.27 245.85 38.81%

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.

Historical Stock Returns for Growington Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+1.25%+10.96%-3.57%+6.58%-60.68%+88.37%

What specific expansion strategies is Growington Ventures planning to fund with the preserved capital and rights issue proceeds?

How will the company manage the significant foreign exchange outgoings given the volatile currency environment?

Will the surge in revenue and working capital support lead to market share gains or new product lines in the premium fruit segment?

Growington Ventures fixes July 15 for 16th AGM

1 min read     Updated on 04 Jun 2026, 03:30 PM
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Shriram SScanX News Team
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Growington Ventures India Limited has fixed July 15, 2026, as the date for its 16th Annual General Meeting, which will be held via video conferencing. The Board approved the annual report for FY26 and appointed M/s Akhileshwar Prasad & Co. as internal auditor for FY27. Shareholders can participate in remote e-voting from July 12 to July 14, with the book closure period set from July 9 to July 15.

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Growington Ventures India Limited has scheduled its 16th Annual General Meeting (AGM) for July 15, 2026, at 09:45 A.M. via video conferencing. The meeting will be conducted through other audio visual means in compliance with relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The Board approved the notice and the annual report for the financial year 2025-26 during a meeting held on June 4, 2026, at its registered office in Navi Mumbai.

The Board adopted the Director Report and the Secretarial Auditor Report as part of the proceedings. The Register of Members and Share Transfer books will remain closed from July 9, 2026, to July 15, 2026, inclusive. The cut-off date for determining shareholder eligibility has been set for July 8, 2026.

Remote e-voting facilities will be available to shareholders from July 12, 2026, at 09:00 A.M., ending on July 14, 2026, at 05:00 P.M. The company appointed National Securities Depository Limited (NSDL) to facilitate the remote e-voting and conduct the AGM via video conferencing. M/s. Santosh Singh & Associates, Practicing Company Secretaries, were appointed as the scrutinizer to ensure the e-voting process is fair and transparent.

In a separate regulatory appointment, the Board named M/s Akhileshwar Prasad & Co. as the internal auditor for the financial year 2026-27. The firm brings extensive experience in internal audit, statutory audit, and management audit across diverse industries.

The intimation was submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sunita Gupta Maskara, Company Secretary and Compliance Officer, signed the filing on June 4, 2026.

Historical Stock Returns for Growington Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+1.25%+10.96%-3.57%+6.58%-60.68%+88.37%

What key strategic initiatives or growth plans are expected to be discussed during the AGM?

How might the appointment of a new internal auditor impact the company's governance and financial oversight?

What are the anticipated shareholder concerns regarding the company's performance in FY 2025-26?

More News on Growington Ventures

1 Year Returns:-60.68%