Godrej Agrovet Q1 Results: Profit Up 19%
Revenue up 11.2% to Rs 2,614.17 crore.
Godrej Agrovet Ltd.'s consolidated net profit went up 19% in the first quarter of the current financial year.
The agri-business firm posted a bottom line of Rs 161 crore in the June quarter as compared to Rs 135 crore in the year-ago period, according to an exchange filing on Wednesday.
Godrej Agrovet Q1 FY26 Highlights (Consolidated, YoY)
Revenue up 11.2% to Rs 2,614.17 crore versus Rs 2,350.75 crore.
Net profit up 19% to Rs 160.52 crore versus Rs 135.15 crore.
Ebitda up 19% to Rs 269.56 crore versus Rs 226.13 crore.
Margin at 10.3% versus 9.6%.
Shares of Godrej Agrovet closed 1.83% higher at Rs 825.45 apiece on the NSE, compared to a 0.31% fall in the benchmark Nifty. The stock has risen 4.34% in the last 12 months and 11.03% on a year-to-date basis.
Out of six analysts tracking the company, five have a 'buy' rating on the stock, one recommends 'hold', according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 3.4%.
