Godrej Q2 profit jumps 22% on strong animal nutrition sales
India, Nov. 6 -- Godrej Agrovet Ltd posted a 22 per cent rise in consolidated net profit to Rs 103 crore for the September quarter on Friday, helped by higher sales in its animal nutrition, oil palm and consumer foods businesses. Net profit rose from Rs 84.34 crore a year earlier, the company said in a regulatory filing.
Total income rose 17 per cent to Rs 2,995 crore from Rs 2,567.42 crore, while expenses climbed 18 per cent to Rs 2,886.09 crore from Rs 2,450.62 crore.
The company said growth was driven by higher realisations and volumes, although input cost inflation kept core earnings (EBITDA) flat.
"Godrej Agrovet delivered a strong Q2 FY27 despite a challenging macro-operating environment, marked by El Nino-related weather disrupt...
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