Godrej Agrovet Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 24,426.8 million compared to INR 25,667.1 million a year ago. Revenue was INR 24,613.4 million compared to INR 25,821 million a year ago. Net income was INR 1,123 million compared to INR 1,053.8 million a year ago. Basic earnings per share from continuing operations was INR 5.84 compared to INR 5.48 a year ago. Diluted earnings per share from continuing operations was INR 5.84 compared to INR 5.48 a year ago.
For the six months, sales was INR 47,860.5 million compared to INR 50,660.2 million a year ago. Revenue was INR 48,213.2 million compared to INR 51,038.3 million a year ago. Net income was INR 2,474.5 million compared to INR 2,107 million a year ago. Basic earnings per share from continuing operations was INR 12.87 compared to INR 10.96 a year ago. Diluted earnings per share from continuing operations was INR 12.87 compared to INR 10.96 a year ago.
Godrej Agrovet Limited is an India-based food and agri conglomerate. The principal activities of the Company include manufacturing and marketing of animal feed, agricultural inputs and palm oil and allied products. Its segments include Animal Feed, Vegetable Oil, Crop Protection, Dairy, Poultry and Processed Food, and Others. The Companyâs Animal Feed business provides a range of products including cattle feed, poultry feed, aqua feed, and specialty feed. The Companyâs Crop Protection business provides a range of products that cater to the entire crop lifecycle. It is an oil palm developer in India and works directly with the farmers for the entire lifecycle of their crop and its range of products, including crude palm oil, crude palm kernel oil and palm kernel cake. Its dairy products are sold under the brand name Jersey. The Company manufactures and markets processed poultry and vegetarian products. The Company also offers a range of specially designed aqua feed products.
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