Earnings Call for Q1FY22 of Godrej Agrovet
Conference Call with Godrej Agrovet Management and Analysts on Q1FY22 Performance and Outlook. Listen to the full earnings transcript.11-08-2021
11-08-2021
Godrej Agrovet Ltd - 540743 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Please find attached outcome of 30th (Thirtieth) Annual General Meeting of the Company held on Tuesday, August 10, 2021 along with the copy of the Scrutinizer''s report, voting results and Annual Report adopted by the Shareholders. Please take the above documents (in machine readable format), on your records.11-08-2021
Godrej Agrovet Ltd - 540743 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Please find attached outcome of 30th (Thirtieth) Annual General Meeting of the Company held on Tuesday, August 10, 2021 along with the copy of the Scrutinizer''s report, voting results and Annual Report adopted by the Shareholders. Please take the above documents (in machine readable format), on your records.11-08-2021
Godrej Agrovet Ltd - 540743 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 read with Schedule III and Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed e-copies of the newspaper publication of the Unaudited Financial Results for the Quarter ended June 30, 2021, published by the Company today i.e. on Wednesday, August 11, 2021 in Financial Express and Business Standard (in English language) and Loksatta and Mumbai Lakshdeep (in Marathi language). Kindly take the above on your records.11-08-2021
Godrej Agrovet Ltd - 540743 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Please find attached outcome of 30th (Thirtieth) Annual General Meeting of the Company held on Tuesday, August 10, 2021 along with the copy of the Scrutinizer''s report, voting results and Annual Report adopted by the Shareholders.11-08-2021
Godrej Agrovet Ltd - 540743 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Please find attached the outcome of 30th (Thirtieth) Annual General Meeting of the Company held on Tuesday, August 10, 2021 along with the copy of the Scrutinizer''s report, voting results and Annual Report adopted by the Shareholders.11-08-2021
Q1FY22 Result Announced for Godrej Agrovet Ltd.
HIGHLIGHTS OF FINANCIAL PERFORMANCE (Q1FY22) For the first quarter ended June 30, 2021, company reported standalone total income of Rs.1,560 crore which is an increase of 34.0% year-on-year. Standalone profit before tax was Rs.128 crore which is an increase of 13.5% year-on-year For the first quarter ended June 30, 2021, company reported consolidated total income of Rs.2,003 crore which is an increase of 28.2% year-on-year. Consolidated profit before tax was Rs.137 crore which is an increase of 2.3% year-on-year. Commenting on the performance of the Q1FY21, Mr. B. S. Yadav, Managing Director, Godrej Agrovet Limited, said: I am pleased to share with you the financials of Godrej Agrovet Limited for the quarter ended June 30, 2021. Consolidated total income was Rs.2,003 crore, registering a growth of 28.2% year-on-year. Consolidated profit before tax was Rs.137 crore, registering a growth of 2.3% year-on-year. It was one of the best quarterly performance for the animal feed business with segment results growing by 32.5%, supported by volume growth and R&D; benefits realization. Vegetable oil benefitted from higher oil prices and posted segment results of Rs.32.6 crore which was a 4X increase year-on-year. Standalone crop protection business also registered a modest growth of 5.9% in segment results. However, Astec LifeSciences EBITDA declined by 13.7% due to lower export sales and higher input cost inflation. In the food businesses, demand recovery seen in the previous quarter was impacted by micro-lockdowns in the current quarter. Profitability was further impacted by low end-product price. Our dairy subsidiary, Creamline dairy registered an EBITDA loss of Rs.3.1 crore due to increase in the procurement costs. Our poultry and poultry products business faced a challenging quarter with low end-product prices on one hand and high input costs on the other hand. As a result, Godrej Tyson Foods Limited, registered a marginal loss at the EBITDA level. The second wave of COVID-19 has significantly impacted economic recovery seen in the seen in the preceding quarter, especially in rural India which had a much stricter lockdown. Further, after a good start to the south-west monsoon, there was a long gap that resulted in lower Kharif sowing. However, recovery has gained pace from July-21 onwards with macro-economic indicators improving m-o-m and rainfall in July-21 covering most parts of India. We expect recovery to be faster in the second half of the year, as vaccination percentage increases leading to the normalization of business activities. At Godrej Agrovet we are ensuring business continuity along with employee safety. We are conducting a nation-wide vaccination drive for company employees & families, contractual workforce, trade partners. Nearly 88% of our employees have received the first dose and we will cover the entire employee base shortly. During these tough times we are also committed to serve society. Our CSR strategy has been pivoted to strengthen the public healthcare system in order to address the challenges faced by rural communities. We provided medical material and health equipments at various locations and helped the Government effort towards combating the pandemic. Result PDF11-08-2021
Godrej Agrovet Ltd - 540743 - Announcement under Regulation 30 (LODR)-Investor Presentation
The Board of Directors of Godrej Agrovet Limited ('The Company') at its Meeting held today i.e. on Tuesday, August 10, 2021, has approved the Unaudited Financial Results (both Standalone and Consolidated) as per the Indian Accounting Standards (IND AS) for the Quarter ended June 30, 2021. We enclose a copy of the presentation for the Investors and Analysts and the same is being placed on the website of the Company i.e., www.godrejagrovet.com. Kindly take the above on your record.10-08-2021
Godrej Agrovet Ltd - 540743 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
The Board of Directors of Godrej Agrovet Limited ('The Company') at its Meeting held today, i.e. on Tuesday, August 10, 2021, has approved the Unaudited Financial Results (both Standalone and Consolidated) as per Indian Accounting Standards (IND AS) for the Quarter ended June 30, 2021. We enclose a copy of the Media Release and the same is being placed on the website of the Company i.e., www.godrejagrovet.com. Kindly take the above on your record.10-08-2021