Godrej Agrovet's Q1 Consolidated Net Profit Rises 29.65% To Rs 100.6 Cr
Godrej Agrovet on Friday reported a 29.65 per cent increase in its consolidated net profit at Rs 100.59 crore in the first quarter of 2020-21 fiscal.
The company had posted a net profit of Rs 77.58 crore in the year-ago period, according to the regulatory filing.
Net income declined on a consolidated basis by 8.78 per cent to Rs 1,562.43 crore in the April-June quarter of 2020-21 fiscal from Rs 1,712.80 crore in the same quarter previous fiscal.
Expenses also remained lower 10.5 per cent at Rs 1,437.65 crore as against Rs 1,605.96 crore in the year-ago period, the filing said.
The company is into the business of animal feed, poultry, crop protection, dairy and vegetable oils.
Shares of the company settled marginally higher 0.84 per cent at Rs 458.70 apiece on the BSE on Friday.
Central Banks And The Economic Horizon: Steering Through Uncertaintie
In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more
Transforming Financial Operations With Robotic Process Automation
Author: Ricardo Goulart ... Read more
The Role Of Machine Learning In Fraud Detection
Author: Gerardine Lucero  ... Read more
Principles Of Islamic Banking And Finance
When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more
The Role Of Central Banks In Global Economy
The role of central banks in global economy is a stimulating topic that requires profound understanding. Commonly, centr... Read more
History Of Banking Evolution In The 21st Century
Throughout time, the banking sector has assumed a central role in the smooth functioning of economies, generating growth... Read more