Godrej Industries’ shares slipped more than 3% in today’s trade after the company reported a sharp drop in its September quarter (Q2 FY25) earnings. Despite higher revenue, the company’s profitability took a significant hit due to weaker operating performance. As of 9:58 AM, the shares were trading 2.25% lower at Rs 1,046.00.
On a consolidated year-on-year basis, revenue rose 4.7% to Rs 5,032 crore from Rs 4,805 crore. However, EBITDA plunged 76.7% to Rs 134 crore, compared to Rs 575 crore in the same period last year. The EBITDA margin contracted steeply to 2.7% from 12%, indicating substantial pressure on operating efficiency.
Net profit also declined 15.7% to Rs 243 crore, against Rs 288 crore a year ago.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
