Latest news about Grovy
Grovy
56.00
+4.50(+8.74%)
Company Performance:
View Company Insights1D+8.74%
1M+33.33%
6M+13.25%
1Y+25.50%
5Y+578.79%
More news about Grovy
01May 26
Grovy India publishes FY26 audited results in newspapers under Regulation 47
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.
01May 26
Grovy India Limited Re-appoints Mr. Saroj Kumar Mishra as Internal Auditor for FY 2026-27
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.
07Apr 26
Grovy India Limited Files Q4FY26 Dematerialization Certificate Under SEBI Regulations
Grovy India Limited submitted its quarterly certificate under SEBI (Depositories and Participants) Regulations for Q4FY26, with Registrar Skyline Financial Services confirming no physical share certificates were received for dematerialization during the quarter ended March 31st, 2026.
27Feb 26
Grovy India Limited Files Appeal Against Tax Demand of INR 119.24 Lakhs Before Income Tax Appellate Tribunal
Grovy India Limited has filed an appeal before the Income Tax Appellate Tribunal against a tax demand of INR 119.24 Lakhs. The total demand comprises INR 78.00 Lakhs in tax and INR 41.24 Lakhs in interest, stemming from an order dated January 13, 2026, by the Commissioner of Income Tax (Appeals). The company disclosed this development on February 27, 2026, in compliance with SEBI regulations.
28Jan 26
Grovy India Limited Reports Strong Q3FY26 Performance with 23.50% Revenue Growth
Grovy India Limited reported strong Q3FY26 financial results with revenue growing 23.50% to ₹2,745.40 lakhs and profit after tax increasing 25.99% to ₹201.01 lakhs year-on-year. The company's assets expanded 21.57% to ₹5,354.16 lakhs while earnings per share improved 42.90% quarter-on-quarter to ₹0.40. The real estate developer maintains an active project portfolio across premium South Delhi locations with deliveries expected through Q3FY28 and is exploring fund-raising of up to ₹40 crore for future growth.
28Jan 26
Grovy India Board Approves In-Principle Fund Raising of Up to ₹40 Crore
Grovy India's board of directors has approved an in-principle fund raising of up to ₹40 crore, providing the company with significant financial flexibility. This strategic decision enables the company to strengthen its capital base and explore various funding options to support its business operations and growth initiatives.
14Jan 26
Grovy India Limited Receives ₹119.24 Lakhs Tax Demand Order from Income Tax Appeals Commissioner
Grovy India Limited received an appellate order from the Commissioner of Income Tax (Appeals) on January 13, 2026, upholding a tax demand of ₹119.24 lakhs for FY 2019-20. The demand includes ₹78.00 lakhs in tax and ₹41.24 lakhs in interest, arising from a ₹1.00 crore addition on unsecured loans. The company believes the demand lacks legal justification and plans to pursue further legal recourse while expecting no material adverse impact on its operations.
29Dec 25
Grovy India Releases Pledge on 60,000 Equity Shares
Grovy India Limited announced that promoter P.C. Jalan HUF has released the pledge on 60,000 equity shares. The disclosure was made on December 29, 2025, in compliance with SEBI regulations. Nishit Jalan, Whole-time Director & CEO, authorized the disclosure.
03Dec 25
Grovy India Limited Expands Portfolio with Premium South Delhi Residential Project
Grovy India Limited has acquired a premium residential project in Greater Kailash-I, New Delhi, expanding its portfolio in the high-end real estate segment. The project covers approximately 15,000 sq. ft. of estimated build-up area. This strategic move aims to strengthen Grovy India's presence in South Delhi's prestigious residential market and enhance its position in the premium real estate sector.
17Nov 25
Grovy India Terminates Company Secretary for Misconduct, Director Steps in as Interim Compliance Officer
Grovy India Limited has terminated Ms. Megha Mishra (Membership No. A73040) from her position as Company Secretary and Compliance Officer due to misconduct. The decision was made by the Board of Directors on November 17, 2025. Mr. Prakash Chand Jalan, a Director, will serve as interim Compliance Officer until a new appointment is made. The company disclosed this information in compliance with SEBI regulations and will initiate the process to appoint a new Company Secretary.
13Nov 25
Grovy India Reports Stellar Q2 FY26 Performance with 1945% Profit Surge
Grovy India Limited announced impressive Q2 FY26 results, with total income up 87% YoY to ₹1,552.87 lakhs and profit before tax surging 1945% to ₹50.71 lakhs. EPS grew 300% to ₹0.28. The company's success is attributed to its residential projects in South Delhi, with a portfolio of 3 completed, 6 ongoing, and 2 pipeline projects. Grovy operates through outright purchase, collaboration, and turnkey business models.
10Oct 25
Grovy Reports Stellar Q1 Performance with 452% Profit Surge and 1,096% Asset Growth
Grovy Limited, a real estate and infrastructure development company, has reported outstanding financial results for Q1 FY24 ended June 30. Total income doubled to ₹829.65 lakh, while profit after tax surged by 452% to ₹109.69 lakh compared to the previous quarter. Total assets saw a remarkable 1,096% increase, reaching ₹5,399.37 lakh. The company's earnings per share rose to ₹0.82, up 446.67% quarter-on-quarter. Grovy operates through outright purchase and development, turnkey construction services, and joint venture collaborations, with a strong presence in South Delhi's real estate market.
09Sept 25
Grovy India Sets September 23 Record Date for Rs 0.10 Per Share Final Dividend
Grovy India Limited has set September 23, 2025, as the record date for its final dividend of Rs 0.10 per equity share for FY 2024-25. The dividend, recommended by the Board of Directors on September 4, 2025, is subject to shareholder approval at the upcoming Annual General Meeting. The company secretary, Megha Mishra, communicated this information to BSE Limited on September 9, 2025, in compliance with SEBI regulations.
11Aug 25
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.
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