Godrej Agrovet Posts Mixed Q2 Results: Revenue Rises, Profit Slips Marginally

Godrej Agrovet Delivers Steady Revenue Growth Amid Profit Moderation in Q2

Godrej Agrovet Limited, a leading player in India’s agri-business sector, released its Q2 FY2026 financial results showing a mixed performance. While total revenue from operations rose to ₹25.67 billion, net profit declined to ₹925.9 million, down from ₹1.12 billion in the same quarter last year.

The company attributed the profit dip to margin compression and subdued performance in its crop protection and dairy segments. However, its animal feed and vegetable oil divisions posted robust growth, helping offset some of the pressure. EBITDA stood at ₹2.13 billion, with margins narrowing to 8.31%.

Notable updates:

• Q2 FY2026 revenue reached ₹25.67 billion, up 4.9% year-on-year
• Net profit declined 17.3% to ₹925.9 million
• EBITDA margin compressed by 81 basis points to 8.31%
• Strong growth in animal feed and vegetable oil segments
• Crop protection and dairy businesses saw flat performance

Sources: ScanX News, Zee Business, CNBC TV18.