Godrej Agrovet Q3 profit flat at ₹110 crore; revenue up 11%, hit by one-time labour code cost

Diversified food and agri-business conglomerate, Godrej Agrovet on Tuesday February 3,  reported a net profit of ₹109.9 crore for Q3, remaining flat compared with the year-ago period. Revenue grew 11% to ₹2,718 crore from ₹2,449 crore YoY.

EBITDA for the quarter increased 10% to ₹241.9 crore from ₹219.7 crore, while the EBITDA margin remained steady at 8.9% compared with the same period last year.

On November 21, 2025, India introduced four new Labour Codes replacing 29 old laws. The company informed

that it recorded a one-time expense of ₹20.46 crore (standalone) and ₹30.44 crore (consolidated) due to changes in gratuity and leave benefits. More impacts will be reported after government rules are finalised.

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Shares of Godrej Agrovet Ltd closed at ₹550.40, down ₹3.70 or 0.67% on February 3, on the NSE.