Godrej Industries (500164) Q3 25/26 earnings summary

Executive summary

• Consolidated total income for Q3 FY26 rose 11% year-over-year to ₹5,698 crore; 9M FY26 income up 14% to ₹17,706 crore.

• Net profit for Q3 FY26 increased 9% year-over-year to ₹205 crore; 9M net profit stable at ₹796 crore.

• Board approved unaudited standalone and consolidated financial results for Q3 and 9M ended December 31, 2025, with statutory auditor review and unmodified conclusion.

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

Financial highlights

• PBDIT for Q3 FY26 up 20% year-over-year to ₹1,238 crore; 9M PBDIT up 28% to ₹4,414 crore.

• PBIT for Q3 FY26 up 21% to ₹1,112 crore; 9M PBIT up 29% to ₹4,054 crore.

• Interest expenses increased to ₹626 crore in Q3 FY26 and ₹1,786 crore for 9M FY26.

• EPS (consolidated) for Q3 FY26 was ₹6.07 (basic), up from ₹5.59 last year.

• Net profit margin for Q3 FY26 at 4.55%; operating margin at 10.79%.

Segment performance

• Chemicals: Q3 FY26 revenue ₹1,092 crore (up 23%), 9M revenue ₹3,033 crore (up 24%), exports contributed ~28% of revenue.

• Real Estate: Q3 FY26 total income at ₹1,020 crore; net profit at ₹195 crore. Booking value grew 55% YoY.

• Agri Business: Q3 FY26 total income at ₹2,737 crore, up from ₹2,458 crore; net profit at ₹115 crore.

• Consumer Products: Q3 FY26 sales grew 9% YoY; net profit declined 14% YoY (excluding one-offs).

• Animal Feed and Crop Protection segments showed robust volume and revenue growth.