Grovy India Limited Reports 550% Revenue Growth in Q1 Results
Grovy India Limited, a real estate and infrastructure development company, announced outstanding financial results. Total income surged 549.63% year-over-year to ₹829.65 lakhs. Profit after tax increased by 452% to ₹109.69 lakhs. Total assets expanded by 1,096% to ₹5,399.37 lakhs, while earnings per share rose to ₹0.82. The company operates through outright purchase, turnkey construction, and collaboration joint ventures, with 8 ongoing projects and 2 in the pipeline.