News Details

( As on 23/07/2026 18:00)

Grovy India Q1 net profit jumps 72.73% at Rs 1.90 cr

The company reported standalone net profit of Rs 1.90 crore for the quarter ended June 30, 2026 as compared to Rs 1.10 crore in the same period last year, registering a year-on-year growth of 72.73 per cent.

Net revenue of the company rose two fold by 233.33 per cent at Rs 27.50 crore in April-June quarter of this fiscal as against Rs 8.25 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 265.39 per cent to Rs 24.81 crore from Rs 6.79 crore in year ago period.

Other Income grew by 125.00 per cent at Rs 0.09 crore versus (Jun'25 Rs 0.04 crore).

Operating Profit surged by 84.25 per cent to Rs 2.69 crore as against Rs 1.46 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 44.90 per cent in June quarter.

Interest grew by 1000.00 per cent y-o-y to Rs 0.22 crore, while Taxation increased by 72.97 per cent at Rs 0.64 crore (Jun'25 Rs 0.37 crore).