Godrej Industries Reports Q3FY26 Results with 11% Revenue Growth
Godrej Industries Limited reported Q3FY26 consolidated revenue growth of 11% to ₹5,697.59 crore with net profit of ₹352.68 crore. Nine-month consolidated revenue grew 14% to ₹17,706.25 crore. However, standalone operations showed a net loss of ₹21.05 crore for Q3FY26. The company's diversified portfolio showed strong performance in real estate, animal feeds, and vegetable oils segments, while recording exceptional items related to new Labour Code compliance.

*this image is generated using AI for illustrative purposes only.
Godrej Industries Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing mixed performance across standalone and consolidated operations. The Board of Directors approved these results at their meeting held on February 11, 2026.
Consolidated Financial Performance
The company's consolidated operations demonstrated robust growth during Q3FY26. Total income reached ₹5,697.59 crore, marking an 11% increase from ₹5,146.88 crore in Q3FY25. For the nine-month period, consolidated revenue grew 14% to ₹17,706.25 crore compared to ₹15,524.51 crore in the previous year.
| Metric: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Total Income: | ₹5,697.59 crore | ₹5,146.88 crore | +11% |
| Revenue from Operations: | ₹5,051.19 crore | ₹4,824.83 crore | +5% |
| Net Profit: | ₹352.68 crore | ₹312.40 crore | +13% |
| EBITDA: | ₹1,238.00 crore | ₹1,033.00 crore | +20% |
Standalone Results Show Challenges
The standalone performance presented contrasting results, with the company reporting a net loss of ₹21.05 crore in Q3FY26 compared to a profit of ₹0.20 crore in Q3FY25. Revenue from operations increased to ₹1,226.97 crore from ₹1,022.89 crore, showing 20% growth year-on-year.
| Parameter: | Q3FY26 | Q3FY25 | Nine Months FY26 |
|---|---|---|---|
| Revenue from Operations: | ₹1,226.97 crore | ₹1,022.89 crore | ₹3,575.52 crore |
| Net Profit/(Loss): | (₹21.05 crore) | ₹0.20 crore | ₹47.98 crore |
| Total Expenses: | ₹1,315.03 crore | ₹1,050.73 crore | ₹3,666.74 crore |
Segment-wise Performance Analysis
The consolidated segmental results revealed varied performance across business verticals:
Strong Performers:
- Estate and Property Development: Revenue of ₹1,027.42 crore with segment profit of ₹320.38 crore
- Animal Feeds: Revenue of ₹1,298.39 crore generating ₹81.21 crore in segment profit
- Vegetable Oils: ₹731.56 crore revenue with robust profit of ₹128.92 crore
Other Key Segments:
- Chemicals: ₹1,091.54 crore revenue with ₹83.97 crore profit
- Finance and Investments: ₹859.45 crore revenue contributing ₹179.22 crore profit
- Dairy: ₹379.83 crore revenue with ₹4.69 crore profit
Exceptional Items and Corporate Actions
The company recorded exceptional items of ₹63.77 crore in consolidated results and ₹8.21 crore in standalone results for Q3FY26, related to additional gratuity and leave benefits liability arising from new Labour Codes notified by the Government of India.
Significant corporate restructuring occurred post-quarter end, with the company incorporating Godrej Investment Limited as a wholly-owned subsidiary on January 5, 2026, with an investment of ₹3,862.70 crore. Subsequently, the entire equity holding in Godrej Capital Limited was transferred to this new entity.
Key Financial Ratios and Metrics
The consolidated financial health indicators showed:
| Ratio: | Q3FY26 | Q3FY25 |
|---|---|---|
| Debt Equity Ratio (Gross): | 2.20 | 1.83 |
| Current Ratio: | 1.09 | 1.25 |
| Operating Margin: | 10.77% | 12.37% |
| Net Profit Margin: | 6.98% | 6.47% |
| Earnings Per Share (Basic): | ₹6.07 | ₹5.59 |
The company maintained its paid-up equity share capital at ₹33.68 crore, with net worth reaching ₹10,629.91 crore as of December 31, 2025, compared to ₹10,113.33 crore in the previous year.
Historical Stock Returns for Godrej Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.29% | +0.46% | -1.09% | -7.37% | +21.22% | +125.54% |


































