Godrej Industries Limited (NSE: GODREJIND) is a leading Indian conglomerate with a diversified business portfolio that includes consumer goods, real estate, agribusiness, and chemicals. The company is part of the Godrej Group, a leading Indian conglomerate with a presence in several industries.
The company reported consolidated revenue of ₹3,842.55 crore, an increase of 9% from ₹3,514.61 compared to the same period last year. The company’s profit after tax (PAT) for the quarter was ₹381.66 crore, an increase of 109% compared to the same period last year. The Chemical segment earned ₹1,097.63 Crore in revenue, or 25% of the total Revenue. The Animal feed segment grew by 15% from the previous year up to ₹1,272.43 Crore.
The Veg Oils segment accounts for 12% of revenue in Q3 FY23. A total of ₹505.7 Crore were contributed by this segment, a decrease of 21% from the same quarter last year. Furthermore, Property Development segment, which reported revenue of ₹422.95 Crore, accounted for the 9.7% of the overall Revenue.