Grovy India Limited, a BSE-listed real estate developer, announced its financial results for Q4 and the full financial year 2025–26, reporting strong growth across key performance indicators.
The company’s net profit increased by 62% to ₹2.9 crore in FY26, compared to ₹1.8 crore in FY25. Total revenue also saw a notable rise, reaching ₹35 crore from ₹26 crore in the previous year. The performance reflects consistent operational efficiency and disciplined capital management.
Growth Driven by Premium Real Estate Demand
According to Ankur Jalan, CFO of Grovy India Limited:
“We continue to witness strong demand in the real estate market, particularly in South Delhi, which remains an evergreen and resilient market with strong long-term potential. Supported by favorable macroeconomic conditions and sustained premium residential demand, we believe South Delhi is positioned for stronger growth compared to many other markets, reinforcing our positive outlook for the coming years. Further, with our running inventory in hand and our partnership with GGF, we believe the Company is well positioned to drive development growth two-to-three-fold over the next couple of years.”
Project Pipeline and Expansion Plans
The company is currently developing multiple residential projects across premium colonies in South Delhi, covering approximately 1.53 lakh sq ft. These projects are expected to be delivered between Q3FY27 and Q4FY28.
Additionally, Grovy India has two upcoming residential developments in GK 1 and Defence Colony, spanning a combined 35,000 sq ft, further strengthening its presence in high-demand micro-markets.
Market Outlook
Highlighting the strength of the region, Jalan added:
“South Delhi is one of India’s most supply constrained premium markets with strong historic price appreciation and high rental demand from expatriates, diplomats and professionals. As compared to other regions, projects in South Delhi possess a lower turnaround time, low-to-negligible time and cost escalation risks, low price volatility and regulatory certainty and a high resale certainty making investment a high return low risk proposition.”
With continued demand in premium housing and a strong project pipeline, the company remains optimistic about sustained growth in the coming years.
