Godrej Industries (500164) Q2 24/25 earnings summary

Executive summary

• Consolidated total income for Q2 FY25 rose 20% year-over-year to ₹5,118 crore; H1 FY25 up 13% to ₹10,378 crore.

• Profit after tax for Q2 FY25 surged to ₹488.86 crore from ₹164.50 crore in Q2 FY24; net profit for Q2 FY25 up 229% year-over-year to ₹288 crore; H1 FY25 up 130% to ₹610 crore.

• Total comprehensive income for Q2 FY25 reached ₹528.17 crore, compared to ₹177.21 crore in Q2 FY24.

• Strong performance across key subsidiaries: consumer, chemicals, real estate, and agri-business.

• Consolidated revenue from operations for Q2 FY25 was ₹4,804.96 crore, up from ₹3,937.61 crore in Q2 FY24.

Financial highlights

• PBDIT for Q2 FY25 increased 53% year-over-year to ₹1,014 crore; H1 FY25 up 68% to ₹2,420 crore.

• EBITDA for H1 FY25 was ₹1,790.11 crore, up from ₹970.06 crore in H1 FY24.

• Net profit margin for Q2 FY25 improved to 12.33% from -6.71% in Q2 FY24.

• PBIT for Q2 FY25 up 58% to ₹906 crore; H1 FY25 up 75% to ₹2,211 crore.

• Interest expenses for H1 FY25 rose to ₹910 crore from ₹636 crore year-over-year.

Segment performance

• Chemicals: Q2 FY25 revenue ₹819 crore, PBIT ₹95 crore; H1 FY25 revenue ₹1,551 crore, PBIT ₹173 crore.

• Consumer: Q2 FY25 sales ₹3,647 crore, EBITDA up 8%, net profit up 12% year-over-year (excluding one-offs).

• Real Estate: Q2 FY25 income ₹1,343 crore, net profit ₹335 crore; H1 FY25 income ₹2,981 crore, net profit ₹855 crore.

• Animal Feed segment margin up 24% year-over-year; Vegetable Oil margin up 7%.

• Estate & Property Development delivered the highest segment profit before interest and tax at ₹273.70 crore in Q2 FY25.