Real Growth Corporation Ltd — Results, 26-05-2025: Integrated Filing
Real Growth Corporation Limited has announced a board meeting to consider the financial results for the quarter and half-year ended March 31, 2025. The company reported revenue from operations of Rs. 380.45 lakh, with total income at Rs. 480.47 lakh for the year. Profit before tax stood at Rs. 727.64 lakh against a loss of Rs. 132.39 lakh in the previous year. Net profit after tax was also Rs. 727.64 lakh, representing a significant turnaround from last year’s loss of Rs. 112.70 lakh. Basic and diluted earnings per share were Rs. 18.19.
The company operates primarily in trading and real estate segments, with segment revenues of Rs. 381.45 lakh and Rs. 321.01 lakh respectively. Total assets increased to Rs. 6,489.95 lakh, funded by equity capital of Rs. 400 lakh and borrowings of Rs. 2,490.09 lakh, which were fully repaid during the year as per agreed settlement. The firm holds commercial units as inventory valued at Rs. 90.53 lakh.
Significant related-party transactions involve advances and unsecured loans primarily with group companies and key managerial personnel, reflecting continued intra-group financing and operational support. The auditor, A D Gupta and Associates, has given an unmodified opinion on the financial statements and affirmed the adequacy of internal financial controls. The company settled all its loan obligations during the year and reported no material irregularities or fraud.
Key financial ratios indicate improved financial health, with a return on equity of 10.64% and current ratio of 1.29. The company is not engaged in cryptocurrency activities or holding benami properties. There are no pending charges or legal disputes materially impacting operations. Tax demands and statutory dues are under review, with some statutory dues in arrears. The company has complied with all applicable accounting standards and related party disclosure norms.
