Godrej Agrovet has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a fall of 56.06% in its net profit at Rs 19.91 crore for the quarter ended March 31, 2018 as compared to Rs 45.31 crore for the same quarter in the previous year. However total income of the company has increased by 15.16% at Rs 804.81 crore for quarter under review as compared to Rs 698.84 crore for the quarter ended March 31, 2017.
On consolidated basis, the company has reported a fall of 53.65% in its net profit at Rs 25.05 crore for the quarter ended March 31, 2018 as compared to Rs 54.05 crore for the corresponding quarter in the FY17. However, total income of the company increased by 15.09% at Rs 1205.47 crore for quarter under review as compared to Rs 1047.44 crore for the same quarter ended previous year.
For the year ended March 31, 2018, the company has posted a fall of 8.23% in its net profit at Rs 190.86 crore as compared to Rs 207.97 crore for the same period in the previous year. However, total income of the company increased marginally by 1.34% at Rs 3719.35 crore for year under review as compared to Rs 3670.24 crore for the period ended March 31, 2017.
For the year ended March 31, 2018, on the consolidated basis, the company has posted a fall of 7.88% in its net profit at Rs 229.21 crore as compared to Rs 248.83 crore for the same period in the previous year. However, total income of the company has increased by 5.06% at Rs 5237.72 crore for year under review as compared to Rs 4985.40 crore for the period ended March 31, 2017.
