{
  "id": 18461792,
  "title": "Godrej Agrovet Reaps Rich Rewards In September Quarter, Profit Jumps 22% To ₹103 Crore As Revenue Nears ₹3,000 Crore",
  "url": "https://urgent.news/2026/11/06/godrej-agrovet-reaps-rich-rewards-in-september-quarter-profit-jumps",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T06:50:46.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/godrej-agrovet-reaps-rich-rewards-in-september-quarter-profit-jumps-22-to-103-crore-as-revenue-nears-3000-crore"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}