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Godrej Agrovet reports 28% fall in Q3 consolidated net profit

02 Feb 2024 Evaluate

Godrej Agrovet has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 27.73% fall in net profit at Rs 98.41 crore for the third quarter ended December 31, 2023 as compared to Rs 136.17 crore for the same quarter in the previous year. Total income of the company decreased by 0.43% at Rs 1831.29 crore for Q3FY24 as compared Rs 1839.26 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 27.60% fall in its net profit at Rs 82.96 crore for Q3FY24 as compared to Rs 114.59 crore for the same quarter in the previous year. Total income of the company decreased by 2.01% at Rs 2353.57 crore for Q3FY24 as compared Rs 2401.94 crore for corresponding quarter of the previous year.

Peers
Company Name CMP
Godrej Agrovet 643.10
Avanti Feeds 741.70
Mukka Proteins 27.13
Mayank Cattle Food 107.00
Prima Agro 16.50
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