Gokul Agro Resources (GOKULAGRO) Q2 23/24 earnings summary

Executive summary

• Q2 FY24 consolidated revenue was Rs 4,11,894.89 lakh and profit after tax was Rs 3,379.42 lakh; revenue and profit were higher YoY.

• H1 FY24 consolidated revenue reached Rs 6,58,781.27 lakh, while profit after tax was Rs 5,784.18 lakh, broadly level with the prior-year period.

Financial highlights

• Q2 standalone revenue was Rs 4,00,039.45 lakh vs Rs 2,52,109.64 lakh YoY; net profit was Rs 2,685.17 lakh vs Rs 2,240.47 lakh.

• H1 standalone revenue was Rs 6,35,789.91 lakh vs Rs 5,11,149.00 lakh; net profit was Rs 4,485.58 lakh vs Rs 4,432.69 lakh.

• Q2 consolidated profit before tax was Rs 4,317.76 lakh vs Rs 3,900.69 lakh; consolidated profit after tax was Rs 3,379.42 lakh vs Rs 2,948.08 lakh.

• H1 consolidated total comprehensive income was Rs 5,874.56 lakh vs Rs 6,379.60 lakh in the prior-year period.

Segment performance

• Operations are in agro-based commodities, treated as one operating segment; no separate segment reporting was made.