Godrej Agrovet Limited has formally responded to the Bombay Stock Exchange (BSE) regarding an inquiry about significant increase in trading volume of its securities across exchanges.

BSE Inquiry and Company Response

The BSE had raised a query on February 3, 2026, seeking clarification about the notable surge in trading volumes of Godrej Agrovet's shares. In response, the company issued a comprehensive statement addressing the exchange's concerns.

Compliance Confirmation

The company emphasized its commitment to transparency and regulatory compliance. Godrej Agrovet confirmed that it maintains strict adherence to disclosure requirements under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key compliance confirmations include:

• Full compliance with SEBI listing regulations
• No undisclosed developments requiring mandatory disclosure
• Adherence to insider trading regulations
• Prompt dissemination of price-sensitive information

Management Statement

Vivek Raizada, Head – Legal & Company Secretary & Compliance Officer, signed the response on behalf of the company. The statement reaffirmed the company's position as a responsible corporate citizen committed to fulfilling all regulatory obligations.

The company assured that it would continue to make appropriate disclosures as mandated under applicable regulations whenever required, maintaining its track record of transparent communication with stakeholders and regulatory authorities.

Godrej Agrovet announced its unaudited financial results for Q3FY26 ended December 31, 2025, delivering consolidated net profit of ₹109.73 crore and revenue from operations of ₹2,718.32 crore. The company reported EBITDA of ₹2.42 billion compared to ₹2.34 billion in the corresponding quarter last year, though EBITDA margin compressed to 8.9% from 9.54% year-on-year. The Board of Directors approved these results at their meeting held on February 3, 2026, pursuant to Regulations 30, 33 and 52(4) of SEBI Listing Regulations.

Financial Performance Overview

The company's Q3FY26 consolidated performance demonstrates steady growth in revenue while maintaining stable profitability. Total income reached ₹2,736.66 crore for the quarter, with total expenses managed at ₹2,567.33 crore, resulting in profit before tax of ₹146.47 crore.

Segment-wise Business Performance

The company's diversified business model showed varied performance across segments. Animal Feed business generated revenue of ₹1,298.39 crore, while Vegetable Oil segment contributed ₹626.91 crore. The Crop Protection business recorded ₹259.88 crore in revenue, with Dairy operations adding ₹379.83 crore to the overall performance.

Nine Months Performance

For the nine months ended December 31, 2025, the company achieved consolidated revenue from operations of ₹7,900.03 crore compared to ₹7,249.13 crore in the corresponding period last year. Net profit for the nine-month period stood at ₹342.90 crore versus ₹337.27 crore in the previous year.

Operational Highlights and Regulatory Compliance

The company maintained strong operational metrics with a current ratio of 0.79 and debt equity ratio of 0.81. Net worth increased to ₹2,057.68 crore, reflecting the company's solid financial foundation. The results include exceptional items of ₹30.44 crore related to statutory impact of new Labour Codes, primarily arising from changes in wage definition affecting gratuity and leave encashment benefits. The financial results received unmodified opinion from statutory auditors BSR & Co. LLP.