Godrej Agrovet Limited (NSE: GODREJAGRO) is a leading Indian diversified agribusiness company, with a presence in the animal feed, crop protection, oil palm, dairy, poultry, and processed foods sectors. The company is part of the Godrej Group, a leading Indian conglomerate with a presence in several industries.
Revenue from Operations for the third quarter of FY23 were ₹2,323.5 crore, a 12% increase from the ₹2,078.01 crore earned during the same quarter last year. The company’s animal feed business, which contributes the largest share to its revenue, saw a growth of 14.6% during the year, driven by higher volumes and better realizations. This segment generated a Revenue of ₹1,272.45 crore in this quarter.
The company’s Dairy and Poultry segment also saw strong growth in revenue. Both these segment increased by 21% and 38% up to ₹347.8 crore and ₹280.49 crore, respectively. The Consolidated Net Profit was ₹114.59 crore up from ₹62.39 crore year on year. Earnings per share for this quarter was ₹6.06.
Most Popular
Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript
Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
All you need to know about Antony Waste Handling Cell in one article
Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?
Demystifying the Leading Non-Ferrous Recycling Company of India
“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,