Categories AlphaGraphs, Earnings

Godrej Agrovet Ltd Q2FY24; 49% rise in Profits

Godrej Agrovet Limited is a diversified, Research & Development focused agri-business company, dedicated to improving the productivity of Indian farmers by innovating products and services that sustainably increase crop and livestock yields. It holds leading market positions in the different businesses in which it operates – Animal Feed, Crop Protection, Oil Palm, Dairy and Poultry and Processed Foods.

Financial Results:

Godrej Agrovet Ltd reported Revenues for Q2FY24 of ₹2,571.00 Crores up from ₹2,445.00 Crore year on year, a rise of 5.15%.

Total Expenses for Q2FY24 of ₹2,450.00 Crores up from ₹2,367.00 Crores year on year, a rise of 3.51%.

Consolidated Net Profit of ₹104.00 Crores up 48.57% from ₹70.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.48, up 46.92% from ₹3.73 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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