Godrej Agrovet posts 11% revenue growth to INR 2,614cr

Godrej Agrovet Limited reported consolidated revenue of INR 2,614 crore in Q1 FY26, an 11% increase year-on-year. Profit before tax rose to INR 188 crore from INR 151 crore.

The vegetable oil segment saw improved revenue and margins due to higher realizations and a 50% increase in Fresh Fruit Bunch arrivals. Astec LifeSciences' revenue grew 31% with improved EBITDA from higher volumes and lower raw material costs.

The company launched Ashitaka, a new maize herbicide, with theoretical potential of INR 200 crore. Animal feed volumes increased 8%, led by broiler feed growth of 13%.