Name: Latest research reports of Godrej Agrovet Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Godrej Agrovet Ltd.
Rating: 3
Author: Motilal Oswal

Broad-based improvement in operating performance; palm oil business lags Operating performance above our estimates

Neutral: Godrej Agrovet Ltd.

Target

Motilal Oswal

Godrej Agrovet (GOAGRO) reported strong operating performance (EBIT
up ~3.4x YoY) in 4QFY24, driven by improved profitability in crop protection (EBIT up 3.5x YoY) and a turnaround in dairy business (EBIT of
INR203m vs. operating loss of ~INR83m).