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Godrej Agrovet consolidated net profit declines 24.12% in the March 2021 quarter

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Capital Market

Sales decline 2.36% to Rs 1455.25 crore

Net profit of Godrej Agrovet declined 24.12% to Rs 56.59 crore in the quarter ended March 2021 as against Rs 74.58 crore during the previous quarter ended March 2020. Sales declined 2.36% to Rs 1455.25 crore in the quarter ended March 2021 as against Rs 1490.35 crore during the previous quarter ended March 2020.

For the full year,net profit rose 2.47% to Rs 313.74 crore in the year ended March 2021 as against Rs 306.19 crore during the previous year ended March 2020. Sales declined 8.45% to Rs 6239.60 crore in the year ended March 2021 as against Rs 6815.77 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1455.251490.35 -2 6239.606815.77 -8 OPM %7.718.47 -9.047.17 - PBDT117.85134.43 -12 607.10506.62 20 PBT78.5795.99 -18 453.10358.55 26 NP56.5974.58 -24 313.74306.19 2

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First Published: May 07 2021 | 6:17 PM IST

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