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Grovy India Q1 profit at Rs 1.1 cr, revenue jumps 6-fold to Rs 8.3cr
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New Delhi, Aug 11 (PTI) Realty firm Grovy India Ltd posted a net profit of Rs 1.1 crore for the first quarter of this fiscal.
The Delhi-based company, which is listed on stock exchanges, had posted a net loss of Rs 25 lakh in the year-ago period.
The total revenue jumped to Rs 8.3 crore in the April-June period of this fiscal from Rs 1.3 crore in the same period of the preceding year, Grovy said in a statement on Monday.
Established in 1985, Grovy India is a real estate development and consultancy company. It has completed over 100 projects (independent floors) primarily in South Delhi.
The company is undertaking the development of over 1 lakh sq ft of luxury apartments in South Delhi. PTI MJH MJH DR DR
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