Godrej Industries (500164) Q3 24/25 earnings summary

Executive summary

• Consolidated total income for Q3 FY25 rose 34% year-over-year to ₹5,147 crore; 9M FY25 up 19% to ₹15,525 crore.

• Net profit for Q3 FY25 increased 77% year-over-year to ₹188 crore; 9M FY25 net profit up 115% to ₹798 crore.

• Unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024, were reviewed and approved on February 12, 2025.

• Statutory auditors issued unmodified review conclusions for both standalone and consolidated results.

• Strong performance across Chemicals, Real Estate, and Agri businesses, with notable growth in profitability and revenue.

Financial highlights

• PBDIT for Q3 FY25 was ₹1,033 crore, up 57% year-over-year; 9M FY25 PBDIT at ₹3,452 crore, up 65%.

• PBIT for Q3 FY25 reached ₹922 crore, a 64% increase; 9M FY25 PBIT at ₹3,132 crore, up 72%.

• Consolidated revenue from operations for the quarter was ₹4,824.83 crore, up from ₹3,590.08 crore year-over-year.

• Consolidated net profit after tax for the quarter was ₹312.40 crore, compared to ₹164.58 crore in the same quarter last year.

• Earnings per share (consolidated, basic and diluted) for the quarter were ₹5.59, up from ₹3.16 year-over-year.

Segment performance

• Chemicals: Q3 FY25 revenue up 44% year-over-year; PBIT up 266%. 9M FY25 revenue up 21%; PBIT up 36%. Exports contributed ~30% of revenue.

• Real Estate: Q3 FY25 total income at ₹1,222 crore, net profit at ₹163 crore. 9M FY25 total income at ₹4,203 crore, net profit at ₹1,018 crore.

• Agri Business: Q3 FY25 total income at ₹2,458 crore, net profit at ₹111 crore. Animal Feed margin improved to 6.0% from 4.0% year-over-year.

• Estate and Property Development segment reported revenue of ₹1,205.35 crore and segment profit of ₹280.44 crore for the quarter.

• Animal Feeds, Veg Oils, Dairy, and Crop Protection segments all showed year-over-year growth in both revenue and segment results.