Godrej Industries reported a 23% increase in consolidated total income to ₹6,290 crore for Q2 FY26. PBDIT rose by 41% to ₹1,428 crore, while net profit decreased by 16% to ₹242 crore. Godrej Properties’ booking value grew significantly, and Godrej Agrovet’s animal feed segment achieved record volumes. Astec LifeSciences’ rights issue was completed, increasing shareholding to 67.03%.
Financial Performance
Godrej Industries announced its financial results for Q2 FY26, showcasing a mixed performance across its various segments. The consolidated total income reached ₹6,290 crore, marking a significant increase of 23% compared to the previous year. Profit Before Depreciation, Interest, and Taxes (PBDIT) also saw substantial growth, climbing 41% to ₹1,428 crore.
However, the company’s net profit experienced a decline, decreasing by 16% to ₹242 crore. This dip was attributed to several factors, including temporary headwinds affecting Godrej Consumer Products Limited (GCPL).
Segment Highlights
Chemicals: Reported a 29% increase in revenue with exports accounting for approximately 27% of revenue for the quarter.
Real Estate (Godrej Properties): Booking value grew 64% year-on-year and 20% quarter-on-quarter to ₹8,505 crore, driven by the sale of 4,522 homes. The company added 4 new projects and received 56 awards.
Agri Business (Godrej Agrovet Limited): The Animal Feed segment achieved record quarterly volumes. However, crop protection revenues witnessed a decrease to ₹213 crore.
Strategic Developments
Godrej Agrovet increased its stake in Creamline Dairy Products Limited, now holding 99.78% equity. The rights issue of Astec LifeSciences Limited, a subsidiary of Godrej Agrovet, was completed, increasing Godrej Agrovet’s shareholding to 67.03% as of September 30, 2025.
The group divested a 2.5% equity stake in Vivrut Developers Private Limited, resulting in a gain of ₹5.35 crores, which was recognized under Other Income.
Leadership Commentary
N.B. Godrej, Chairman and Managing Director, noted strategic movements regarding joint ventures, impacting Other Income positively. He also drew attention to acquisitions impacting comparisons with non-controlling interests.
Source: BSE
