Board approves unaudited Q2 and H1 results; auditors' limited review opinion unmodified
Godrej Agrovet's board met on November 6, 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 1 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 2,994.98 | 2,567.42 | +16.7% | 2,855.22 | +4.9% |
| Total income | 3,016.78 | 2,575.20 | +17.1% | 2,869.99 | +5.1% |
| Profit before tax | 143.24 | 135.06 | +6.1% | 181.13 | −20.9% |
| Profit after tax | 102.75 | 84.34 | +21.8% | 128.31 | −19.9% |
| Total comprehensive income | 103.62 | 86.23 | +20.2% | 128.34 | −19.3% |
| Basic EPS | 5.99 | 4.81 | +24.5% | 6.99 | −14.3% |
- Total income YoY growth
- +17.1%
- Profit after tax YoY growth
- +21.8%
- Period
- 30-Sep-26 (Unaudited)
Auditor's review
Conclusion: Unmodified
Notes to the results
- Exceptional items for year ended March 31, 2026: statutory impact of new Labour Codes of Rs. 20.46 crore (Standalone) and Rs. 30.44 crore (Consolidated).
- Impairment of investment in Godrej Cattle Genetics Private Ltd. of Rs. 32.96 crore recognised in standalone financials for year ended March 31, 2026.
- As on September 30, 2026 the Company holds 99.78% in Creamline Dairy Products Limited and is acquiring the balance 0.22%; NCI profit not comparable.
- Shareholding in Astec LifeSciences Limited increased to 67.03% after rights issue (Company subscribed Rs 199.01 crores); NCI profit not comparable.
Board meeting outcome
The board of Godrej Agrovet met on November 6, 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Alongside, it took note of the Limited Review Reports on these results, which carry an unmodified opinion.
Results snapshot (consolidated)
- Revenue from operations: Rs. 2,994.98 crore for the quarter and Rs. 5,850.20 crore for the half year.
- Profit for the period: Rs. 102.75 crore for the quarter and Rs. 231.06 crore for the half year.
- Year-ago September quarter for comparison: Revenue from operations Rs. 2,567.42 crore, Profit for the period Rs. 84.34 crore.
- Animal Nutrition, the largest segment, reported revenue of Rs. 1,386.83 crore in the quarter.
Standalone view
On a standalone basis, Profit for the period was Rs. 132.59 crore for the quarter.
What the auditor's review says
The Limited Review Report states that nothing has come to the auditors' attention that causes them to believe the statement has not disclosed the information required to be disclosed, or that it contains any material misstatement. A limited review is narrower in scope than a full audit, and these results are unaudited.
How to read this
This is the company's regular quarterly and half-yearly earnings disclosure, with the auditors' review opinion unmodified. Investors can place the consolidated Revenue from operations and Profit for the period next to the year-ago quarter figures to judge the direction of the business. Segment data shows Animal Nutrition as the largest revenue contributor, with other segments including Vegetable Oil, Crop Care, Dairy, and Poultry and processed food.
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More numbers
- Consolidated Revenue from operations - half year ended 30-Sep-265,850.20
- Consolidated Profit for the period - half year ended 30-Sep-26231.06
- Standalone Profit for the period - quarter ended 30-Sep-26132.59
- Animal Nutrition segment revenue - consolidated quarter ended 30-Sep-261,386.83
- Total income, latest quarter3,016.78 (Rs. in crore)
- Total income, year-ago quarter2,575.20 (Rs. in crore)
- Total income, previous quarter2,869.99 (Rs. in crore)
- Total comprehensive income, latest quarter103.62 (Rs. in crore)
- Total comprehensive income, year-ago quarter86.23 (Rs. in crore)
- Total comprehensive income, previous quarter128.34 (Rs. in crore)
- Profit after tax, latest quarter102.75 (Rs. in crore)
- Profit after tax, year-ago quarter84.34 (Rs. in crore)
- Profit after tax, previous quarter128.31 (Rs. in crore)
- Revenue from operations, latest quarter2,994.98 (Rs. in crore)
- Revenue from operations, year-ago quarter2,567.42 (Rs. in crore)
- Revenue from operations, previous quarter2,855.22 (Rs. in crore)
- Profit before tax, latest quarter143.24 (Rs. in crore)
- Profit before tax, year-ago quarter135.06 (Rs. in crore)
- Profit before tax, previous quarter181.13 (Rs. in crore)
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