Godrej Agrovet reports strong Q2, H1 FY26 performance with growth in key segments

Godrej Agrovet Limited reported an 8% year-on-year increase in H1 FY26 consolidated revenues to ₹5,182 crore, with Q2 FY26 revenues up 5% to ₹2,567 crore. Profit before Tax (PBT) for H1 FY26 grew 8% to ₹313 crore, though Q2 FY26 PBT saw a 10% decline to ₹125 crore. Excluding non-recurring items, H1 FY26 PBT increased by 14% to ₹313 crore, while Q2 FY26 PBT rose 1% to ₹125 crore.

The Animal Feed segment delivered record quarterly volumes, leading to a 10% H1 FY26 sales volume growth year-on-year. The Vegetable Oil segment reported stellar year-on-year growth in Q2 FY26 revenue and margins, supported by higher crude palm oil and palm kernel oil realisations. Crop Protection revenue declined due to widespread rainfall impacting field operations, while Astec LifeSciences improved EBITDA despite a revenue decline.

Dairy segment revenues remained stable, with Value-Added Products (VAP) driving growth. Godrej Foods Limited's branded segment strengthened its position, with Yummiez delivering a robust 19% growth, enhancing contribution margins. The shareholding pattern as of September 30, 2025, showed Promoters holding 67.5%, FIIs 7.2%, DIIs 6.9%, and Others 18.4%.