Indian Godrej Agrovet profit jumps on core business growth, land sale gain

Godrej Agrovet

30/04/2026 13:58

April 30 (Reuters) - India's Godrej Agrovet GODE.NS posted a 48% jump in quarterly profit on Thursday, helped by strong growth in its animal feed and crop protection segments, as well as a one-time gain from the sale of land.

Here are some details:

Total revenue rose 9.3% to 23.33 billion rupees during the quarter

Revenue from animal nutrition, the company's largest segment accounting for over 50% of quarterly revenue, rose 10.8% to 12.70 billion rupees

Crop protection revenue climbed 15.6%, recovering from weather disruptions in the prior quarter; palm oil and dairy businesses remained under pressure

Total expenses for the Godrej Industries' GODI.NS unit rose 10%

Consolidated profit stood at 1.05 billion rupees, up from 707.8 million rupees a year earlier

Profit was also lifted by a one-time gain of 334.8 million rupees from the sale of land

 (Reporting by Abhirami G and Pranav Kashyap in Bengaluru; Editing by Harikrishnan Nair and Mrigank Dhaniwala)

 ((abhirami.g@thomsonreuters.com))