Godrej Industries Ltd experienced a notable rise in its stock, climbing over 2% following an impressive Q2 FY2025 earnings report.
The company’s net profit surged by 229.98% year-on-year (YoY) to ₹288 crore for the quarter ending September 30, 2024, up from ₹87.3 crore in the same period last year.
Revenue from operations grew 22% YoY, reaching ₹4,805 crore, compared to ₹3,937.6 crore in the corresponding quarter of the previous fiscal. The company also reported consolidated sales of ₹3,647 crore for Q2 FY2025. At the operating level, EBITDA jumped significantly by 229.98% to ₹288 crore, pushing the EBITDA margin to 12%, up from 6.7% last year.
As of 9:16 am, Godrej Industries shares were trading 5.70% higher at Rs 986.00 on the NSE.
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