India's Godrej Agrovet rises on unveiling FY26 growth strategy

Godrej Agrovet

21/03/2025 09:20

** Food and agri conglomerate Godrej Agrovet GODE.NS gains 2.4% to 777.2 rupees

** Co unveils FY26 strategy for subsidiary that operates the dairy brand "Godrej Jersey"

** Targets 10 bln rupees ($116.3 mln) in value added portfolio in the states of Telangana and Andhra Pradesh

** Seeks to expand distribution to 20,000 outlets in Telangana

** Says will ramp up marketing to increase household penetration for products such as almond milk and cottage cheese

** GODE adds 54.8% in the last 12 months

($1 = 85.9750 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))