Godrej Agrovet Ltd. reported a challenging second quarter, with net profit dipping by 7.9% to ₹95.8 crore year-on-year (YoY), while revenue declined by 4.6% to ₹2,448.8 crore.

Despite these declines, the company saw a notable improvement in operational efficiency, with EBITDA rising by 13.2% to ₹223.4 crore. Margins improved from 7.7% in the previous year to 9.1%, signalling a focus on cost management and productivity gains.

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The agribusiness major faced revenue pressures across segments amid a competitive environment. However, EBITDA growth reflects resilience within its core businesses, including animal feed and crop protection.

The company posted its Q2 results post market hours. Godrej Agrovet’s shares closed at ₹746.60 on the Bombay Stock Exchange (BSE), marking a 2.78% gain.

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