Godrej Agrovet Q1 profit falls 14% as margin pressure offsets revenue growth
Godrej Agrovet reported a 13.8% year-on-year drop in Q1 FY27 net profit to ₹128.3 crore, despite revenue rising 9.2% to ₹2,855.2 crore. EBITDA margin contracted to 8.41% from 10.32%. The company also named a new CFO and moved to acquire Creamline Dairy’s remaining minority stake.
Godrej Agrovet’s Q1 FY27 profit fell 13.8% despite 9.2% revenue growth as EBITDA margin contracted. The company named Ravishankar A. as incoming CFO and raised stakes in dairy subsidiary Creamline Dairy Products and agrochemical unit Astec LifeSciences.
Why this matters
The result follows Godrej Agrovet's expansion focus: it targets up to 150,000 hectares of oil palm, while its CEO says agritech is entering everyday farm decisions. The company has also outlined a 1.4 lakh-hectare oil-palm target over four to five years.
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