Growington Ventures India Reports 146% Revenue Surge in Q1, Completes Rights Issue

Growington Ventures India Limited, a fruit trading company, has reported a robust performance for the first quarter of the fiscal year, with significant growth in both revenue and profit. The company also successfully completed a rights issue during the quarter, bolstering its financial position.

Strong Financial Performance

For the quarter ended June 30, Growington Ventures India Limited reported revenue from operations of Rs. 1,581.45 crore, representing a substantial 146% increase from Rs. 643.34 crore in the same quarter of the previous year. This impressive growth underscores the company's strong market position and effective business strategies in the fruit trading sector.

The company's profit also saw a notable rise, reaching Rs. 149.35 crore compared to Rs. 82.71 crore in the corresponding quarter last year, marking an 80.5% increase. This growth in profitability demonstrates the company's ability to effectively manage costs while expanding its operations.

Key Financial Highlights

Particulars (in Rs. crore)	Q1 FY2026	Q1 FY2025	YoY Change
Revenue from Operations	1,581.45	643.34	146.0%
Profit	149.35	82.71	80.5%
Basic EPS (in Rs.)	0.05	0.03	66.7%

The basic earnings per share (EPS) for the quarter stood at Rs. 0.05, up from Rs. 0.03 in the same period last year, reflecting the company's improved profitability on a per-share basis.

Successful Rights Issue

During the quarter, Growington Ventures India Limited completed a significant rights issue, raising Rs. 48.17 crore through the allotment of 48,16,61,820 equity shares at Rs. 1 per share. This capital infusion is expected to strengthen the company's financial position and support its growth initiatives.

The funds raised from the rights issue are being utilized for various purposes:

Augmenting working capital requirements
General corporate purposes
Issue-related expenses

The company reported no deviations in the utilization of funds raised through the rights issue, demonstrating its commitment to transparent financial management.

Global Presence

Growington Ventures India Limited operates with a global footprint through its wholly-owned subsidiary, Elementures Foodstuff Trading LLC, based in Dubai. This international presence potentially allows the company to tap into diverse markets and expand its fruit trading business beyond domestic borders.

Looking Ahead

With its strong quarterly performance and the successful completion of the rights issue, Growington Ventures India Limited appears well-positioned for continued growth in the fruit trading industry. The company's ability to significantly increase its revenue and profit amidst challenging market conditions speaks to its operational efficiency and strategic market positioning.

As the company moves forward, investors and market observers will be keen to see how Growington Ventures India Limited leverages its strengthened financial position to capitalize on opportunities in the dynamic fruit trading market, both domestically and internationally.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-5.88%	-6.49%	-23.40%	-39.24%	-25.39%

Growington Ventures India Limited (GVIL) witnessed a significant change in its shareholding pattern as Madhu Sethia, a non-promoter shareholder, reduced their stake in the company through a series of open market transactions.

Transaction Details

Madhu Sethia, an individual investor, sold a total of 13,255,446 shares of Growington Ventures India Limited over three trading sessions on July 14, 15, and 22, 2025. This substantial sale has resulted in a notable reduction in Sethia's ownership stake in the company.

Impact on Shareholding

Item	Value
Pre-transaction Holding	36,900,025 shares (5.75% of total share capital)
Shares Sold	13,255,446
Post-transaction Holding	23,644,579 shares (3.68% of total share capital)

The sale represents a decrease of 2.07 percentage points in Sethia's ownership of GVIL.

Company Overview

Growington Ventures India Limited's total equity share capital remains unchanged at 642,215,760 shares following this transaction. The company's shares are listed on the Bombay Stock Exchange (BSE).

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Madhu Sethia has filed the necessary disclosures regarding this change in shareholding.

It's important to note that Madhu Sethia is not part of the promoter or promoter group of Growington Ventures India Limited. This transaction was carried out through open market sales, which is a common method for large shareholders to adjust their positions in publicly traded companies.

Investors and market participants may want to monitor any potential impact this significant shareholding change might have on the stock's trading patterns or the company's governance structure.