Godrej Agrovet Reaps Rich Rewards In September Quarter, Profit Jumps 22% To ₹103 Crore As Revenue Nears ₹3,000 Crore
Mumbai: Godrej Agrovet Limited reported a 22 per cent year-on-year increase in net profit to ₹103 crore for the second quarter ended September 30, 2026, supported by revenue growth across its key agricultural businesses. The company had posted a net profit of ₹84 crore in the corresponding quarter of the previous financial year. Revenue Growth Total revenue increased 17 per cent to ₹2,995 crore…
Mumbai-based Godrej Agrovet Limited saw a 22% rise in net profit to ₹103 crore during the second quarter ended September 30, 2026, as revenue grew by 17% to ₹2,995 crore compared to ₹2,564 crore in the same period last year. The strong performance was driven by the animal nutrition, oil palm, and crop care businesses. The animal nutrition segment experienced a 14% revenue increase, oil palm saw a significant 28% growth, and the crop care segment expanded by 42%, although weather challenges impacted profitability.
Working capital efficiency improved, with the working capital cycle reducing from 32 days to 21 days, and the absolute working capital decreasing from ₹894 crore to approximately ₹655 crore. Despite higher revenue, EBITDA remained steady at ₹222 crore, resulting in a margin of about 7.4% down from 8.7% the previous year. Investors will continue to watch weather risks, segment profitability, and working capital efficiency as key factors for future earnings.
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