Godrej Agrovet, India’s leading agribusiness company reported a strong performance for Q3 FY25, with its net profit increasing by 32.4% year-on-year to ₹109.9 crore, up from ₹83 crore in the same quarter last year.

The company’s revenue rose 4.5% to ₹2,449.6 crore, compared to ₹2,345.2 crore in Q3 FY24.

A notable highlight was the significant 38.4% growth in EBITDA, which stood at ₹220 crore, up from ₹159 crore in the corresponding period last year.

This growth in profitability was bolstered by the expansion of margins, which rose to 9%, compared to 6.8% a year ago.

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In a key update, Godrej Agrovet’s board approved plans to raise funds through additional borrowings of up to ₹1,000 crore, as per shareholder approval from June 19, 2018.

Ahead of earnings announcement, shares of Godrej Agrovet closed the day at ₹741, marking a 3.51% increase on BSE.