Godrej Agrovet Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2017
November 03, 2017 at 08:23 am EDT
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Godrej Agrovet Limited reported unaudited standalone and consolidated earnings results for the second quarter and six months ended September 30, 2017. For the quarter on standalone basis, the company reported revenue from operations of INR 10,422.0 million against INR 10,788.9 million a year ago. Profit for the period attributable to owners of the company was INR 753.1 million against INR 595.2 million a year ago. Earnings per share diluted were INR 4.03 against INR 3.43 per share a year ago. Profit before exceptional items and tax was INR 1,081.6 million against INR 844.5 million a year ago. Profit before tax was INR 1,081.6 million against INR 844.5 million a year ago.
For the six months on standalone basis, the company reported revenue from operations of INR 20,293.6 million against INR 20,938.0 million a year ago. Profit for the period attributable to owners of the company was INR 1,365.3 million against INR 1,072.0 million a year ago. Earnings per share diluted were INR 7.30 against INR 6.21 per share a year ago. Profit before exceptional items and tax was INR 1,997.6 million against INR 1,522.0 million a year ago. Profit before tax was INR 1,997.6 million against INR 1,522.0 million a year ago.
For the quarter on consolidated basis, the company reported revenue from operations of INR 14,258.2 million against INR 14,202.2 million a year ago. Profit for the period attributable to owners of the company was INR 807.0 million against INR 712.8 million a year ago. Earnings per share diluted were INR 4.32 against INR 3.49 per share a year ago. Profit before exceptional items and tax was INR 1,224.5 million against INR 1,160.3 million a year ago. Profit before tax was INR 1,224.5 million against INR 1,160.3 million a year ago.
For the six months on consolidated basis, the company reported revenue from operations of INR 27,905.3 million against INR 27,529.4 million a year ago. Profit for the period attributable to owners of the company was INR 1,545.5 million against INR 1,348.3 million a year ago. Earnings per share diluted were INR 8.27 against INR 6.95 per share a year ago. Profit before exceptional items and tax was INR 2,327.6 million against INR 2,135.7 million a year ago. Profit before tax was INR 2,327.6 million against INR 2,135.7 million a year ago.
Godrej Agrovet Limited is an India-based agribusiness company. The Companyâs principal activities include manufacturing and marketing animal feed, crop protection and agricultural inputs, palm oil and allied products, poultry and processed food and milk and milk products. Its segments include Animal feed, Vegetable Oil, Crop Protection, Dairy, Poultry & processed food, Real estate, and Other Business Segment, which includes Seed Business, Energy Generation through Windmill and Cattle Breeding Businesses. Its animal feed business has a diverse portfolio, cattle, poultry, aqua and specialty feed. Its oil palm business includes a range of products, such as crude palm oil, crude palm kernel oil and palm kernel cake. Its crop protection product portfolio includes plant growth regulators, organic manures, bioimplants and crop protection chemicals. Its subsidiaries include Godvet Agrochem Limited, Astec LifeSciences Limited, Creamline Dairy Products Limited, and Godrej Tyson Foods Limited.