Godrej Agrovet Limited (“GAVL”) has announced its financial results for the second quarter and half-year ended September 30,2025. Commenting on the performance, Mr. Sunil Kataria, Managing Director, Godrej Agrovet Limited, said: Godrej Agrovet delivered volume-led revenue growth across most segments, with strong margin improvements, despite softness in the Standalone Crop Protection segment. The Animal Feed business sustained its growth momentum while enhancing segment margins. The Vegetable Oil segment reported stellar improvement in revenue and profitability, driven by higher realizations and operational efficiencies, including record Oil Extraction Ratio (OER) and increased FFB arrivals. SEGMENT-WISE BUSINESS HIGHLIGHTS: Animal Feed: Animal Feed segment delivered record quarterly volumes, driven by sustained market share gains in the cattle feed category.
Cattle feed volumes grew by +18% y-o-y, contributing significantly to the overall volume expansion. Vegetable Oil: Segment revenue and margins recorded stellar year-on-year growth in Q2 FY26, supported by higher average realisations of Crude Palm Oil (CPO) and Palm Kernel Oil (PKO). Crop Protection (Standalone): Segment revenue declined by approximately 30% in Q2 FY26, primarily due to persistent and widespread rainfall across key markets, lower crop acreages and disrupted field operations. Astec LifeSciences: The Enterprise category delivered a robust 15% year-on-year growth, highlighting strong demand and execution. Overall segment revenue declined by approximately 25% year- on-year, primarily due to a cautious approach by customers in Contract Manufacturing. Dairy: Segment Revenue and EBITDA remained broadly stable year-on-year in Q2 FY26. Excluding bulk product sales, segment revenue grew by 8%, driven by strong performance in Value-Added Products (VAP).
Godrej Foods Limited: Branded segment continued to strengthen its position, with revenue growing 3% year-on-year and Yummiez delivering a robust 19% growth. Branded salience rose to 86% in Q2 FY26 from 77% in Q2 FY25, reinforcing the strategic shift toward value- added products. ACI Godrej Agrovet Private Limited, Bangladesh: ACI Godrej posted revenue de-growth of 11% year-on-year (in local currency terms) in Q2 FY26 due to sluggish volume growth and lower average realisations which also impacted profitability.
