Stock to Watch Today: Godrej Agrovet faces 7.9% decline in net profit amid revenue drop

Godrej Agrovet Ltd. reported a challenging second quarter, with net profit down by 7.9% to ₹95.8 crore and revenue declining by 4.6% YoY to ₹2,448.8 crore. Despite these setbacks, the company improved operational efficiency, with EBITDA rising 13.2% to ₹223.4 crore and margins increasing from 7.7% to 9.1%, driven by cost management efforts.

The agribusiness major experienced revenue pressures across segments but showed resilience in its core businesses, including animal feed and crop protection. Godrej Agrovet’s shares closed at ₹746.60 on BSE, gaining 2.78% following the results release post-market hours.