05-10-2022 11:31 AM | Source: Accord Fintech
Godrej Agrovet trades higher on reporting over 2-fold jump in Q4 consolidated net profit
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Godrej Agrovet is currently trading at Rs. 530.25, up by 3.40 points or 0.65% from its previous closing of Rs. 526.85 on the BSE.

The scrip opened at Rs. 565.00 and has touched a high and low of Rs. 565.00 and Rs. 530.20 respectively. So far 58157 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 746.80 on 04-Aug-2021 and a 52 week low of Rs. 441.00 on 31-Mar-2022.

Last one week high and low of the scrip stood at Rs. 572.05 and Rs. 508.50 respectively. The current market cap of the company is Rs. 10310.70 crore.

The promoters holding in the company stood at 71.64%, while Institutions and Non-Institutions held 4.04% and 24.33% respectively.

Godrej Agrovet has reported over 2-fold jump in its net profit at Rs 80.53 crore for fourth quarter ended March 31, 2022, as compared to Rs 33.55 crore for the same quarter in the previous year. Total income of the company increased by 48.40% at Rs 1,445.50 crore for Q4FY22 as compared Rs 974.04 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 139.81 crore for the quarter under review as compared to Rs 63.38 crore for the same quarter in the previous year. Total income of the company increased by 44.93% at Rs 2,133.92 crore for Q4FY22 as compared Rs 1,472.39 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 29.11% in its net profit at Rs 360.21 crore as compared to Rs 279 crore for the previous year. Total income of the company increased by 39.34% at Rs 6,289.34 crore for year under review as compared to Rs 4,513.81 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 20.59% in its net profit at Rs 419.15 crore as compared to Rs 347.57 crore for the previous year. Total income of the company increased by 32.97% at Rs 8,385.74 crore for year under review as compared to Rs 6,306.27crore for year ended March 31, 2021.