Growington Ventures India Ltd Q3 FY25 Results
GROWINGTONQ3 FY25 ResultsAnnounced 3 Feb 2025, 04:09 pm| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 14.33 | 150.4% |
| Total Income | 14.56 | 146.5% |
| Expenditure | 11.96 | 133.3% |
| PBT | 2.60 | 233.6% |
| Net Profit | 1.91 | 309.7% |
| OPM | 15.08% | 8.11pp |
| NPM | 13.09% | 5.22pp |
| EPS | 0.12 | 300.0% |
Growington Ventures India Ltd. Announces Q3 2024 Financial Results: Revenue Surges by 97.3% YoY to INR 2,160.71 Crores
03 Feb 2025 · 3 Feb 2025, 09:25 pm
Summary
Growington Ventures India Ltd. has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The company's revenue surged by 97.3% YoY, reaching INR 2,160.71 crores. The profit from ordinary activities before tax stood at INR 120.68 crores, while the net profit for the quarter was INR 73.95 crores. The company's total expenses amounted to INR 2,832.74 crores, with employee benefit expenses and finance cost accounting for INR 1,181.00 crores and INR 240.00 crores respectively.
Key Highlights
- 1
Revenue growth of 97.3% YoY, reaching INR 2,160.71 crores
- 2
Profit from ordinary activities before tax at INR 120.68 crores
- 3
Net profit for the quarter at INR 73.95 crores
- 4
Total expenses of INR 2,832.74 crores, including employee benefit expenses of INR 1,181.00 crores and finance cost of INR 240.00 crores
Management Comments
D. K. CHHAJER & Co. NILHAT HOUSE CHARTERED ACCOUNTANTS
Based on our review conducted as stated in Paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement of unaudited financial results, prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards (‘Ind AS’) as prescribed under section 133, of the Companies Act, 2013 as amended read with relevant rules issued thereunder and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of the Listing Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including the manner in which it is to be disclosed, or that it contains any material misstatement.
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