Godrej Agrovet Ltd's Q3FY25 Quarter Results
- 01 Feb 2025
Result Summary
- Godrej Agrovet Ltd reported a 0.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 4.5%.
- Its expenses for the quarter were down by 0.1% QoQ and up 2.5% YoY.
- The net profit increased 14.7% QoQ and increased 32.4% YoY.
- The earnings per share (EPS) of Godrej Agrovet Ltd stood at 5.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2458.35 | 2461.34 | 2353.57 | -0.1% | 4.5% |
Total Expenses | 2320.80 | 2323.49 | 2264.19 | -0.1% | 2.5% |
Profit Before Tax | 137.55 | 137.85 | 89.38 | -0.2% | 53.9% |
Tax | 41.40 | 54.11 | 19.05 | -23.5% | 117.3% |
Profit After Tax | 109.85 | 95.79 | 82.96 | 14.7% | 32.4% |
Earnings Per Share | 5.80 | 5.80 | 4.80 | 0.0% | 20.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Godrej Agrovet Ltd is a prominent player in the agribusiness sector, primarily engaged in the production and marketing of products such as animal feed, crop protection, oil palm, dairy, and poultry. The company operates in various segments that contribute significantly to India's agricultural landscape. It focuses on enhancing agricultural productivity by offering innovative products and solutions. As of the latest available data, there are no specific recent developments mentioned for Godrej Agrovet Ltd within the provided information.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Godrej Agrovet Ltd reported a total income of ₹2458.35 crores. This represents a slight decrease of 0.1% compared to the previous quarter (Q2FY25), where the total income was ₹2461.34 crores. However, on a year-over-year basis, there is a noticeable increase of 4.5% from Q3FY24, when the total income was ₹2353.57 crores. These figures highlight the company's revenue trajectory over the specified periods.
Profitability
The company's profitability metrics indicate a profit before tax of ₹137.55 crores in Q3FY25, which shows a marginal decline of 0.2% compared to ₹137.85 crores in Q2FY25. On a year-over-year basis, there is a significant increase of 53.9% from ₹89.38 crores reported in Q3FY24. The tax expense in Q3FY25 was ₹41.40 crores, decreasing by 23.5% from the previous quarter's ₹54.11 crores but showing a substantial rise of 117.3% from ₹19.05 crores in Q3FY24. Consequently, the profit after tax for Q3FY25 stands at ₹109.85 crores, indicating a growth of 14.7% quarter-over-quarter and 32.4% year-over-year.
Operating Metrics
Earnings per share (EPS) for Godrej Agrovet Ltd remained consistent at ₹5.80 in both Q3FY25 and Q2FY25, reflecting stability in shareholder returns on a quarterly basis. However, compared to Q3FY24, where the EPS was ₹4.80, there is an increase of 20.8%, showcasing improved earnings performance over the year. Total expenses in Q3FY25 were reported at ₹2320.80 crores, slightly decreasing by 0.1% from ₹2323.49 crores in Q2FY25 and increasing by 2.5% from ₹2264.19 crores in Q3FY24. These metrics provide insight into the cost management and operational efficiency of the company during the period.
