7 Feb 2022 , 02:42 PM
Godrej Agrovet Limited reported consolidated total income Rs2,088.9cr for the third quarter ended December 31, 2021, an increase of 36% yoy from Rs1,536.4cr in Q3FY21. EBITDA increases 25.4% yoy to Rs153.9cr from Rs122.7cr.
The consolidated profit before tax stood at Rs104.4cr in Q3FY22 against Rs87.3cr in Q3FY21. Profit After Tax (PAT) rose 20% yoy to Rs80.7cr from Rs67.3cr.
For the nine months ended December 31, 2021, company reported consolidated total income Rs6,251.8cr against Rs4,821.5cr in 9MFY21, up 29.7% yoy. EBITDA rose 11.9% yoy to Rs529.9cr from Rs473.6cr.
Consolidated profit before tax at Rs391.6cr in 9MFY22, up 6.7% yoy from Rs366.9cr in 9MFY21. Net Profit rose 6.5% yoy to Rs297.6cr from Rs279.7cr.
At around 2.45 pm, Godrej Agrovet Ltd was trading at Rs507.95 per share down by Rs12.25 or 2.35% from its previous closing of Rs520.20 per share on the BSE.
BS Yadav, Managing Director, Godrej Agrovet Limited, said: “I am pleased to share with you the financials of Godrej Agrovet Limited for the quarter and nine months ended December 31, 2021. For Q3FY21, consolidated total income was 2,088.9, registering a growth of 36.0% year-on-year and consolidated profit before tax (excluding and non-recurring and exceptional items) was Rs.104.4 crore, registering a modest growth of 19.6% year-on-year.
For 9MFY21, consolidated total income was Rs6,251.8cr, registering a growth of 29.7% year-on-year. Consolidated profit before tax (excluding non-recurring and exceptional items) was Rs391.6cr, registering a modest growth of 6.7% year-on-year.
Segment-wise business highlights
Animal Feed
Vegetable Oil
Crop Protection (Standalone)
Astec
Dairy
Godrej Tyson Foods Limited
ACI Godrej Agrovet Private Limited, Bangladesh
ACI Godrej remains on track with its continued good performance and posted revenue growth of 18.4% year-on-year in Q3FY22. The growth is driven by higher realisations and a volume growth of 4.2% during the quarter.
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