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Godrej Agrovet Q2 net profit up 16.58 pc

Press Trust of India  |  New Delhi 

Industries arm Agrovet Monday posted 16.58 per cent jump in consolidated net profit at Rs 99.12 crore in the second quarter of the 2018-19 fiscal on strong income.

The company's net profit stood at Rs 85.02 crore in the same quarter previous fiscal, as per regulatory filing.

Net income rose to Rs 1,622.11 crore during July-September quarter of the current fiscal from Rs 1,434.45 crore in the year-ago period.

Its expenses also increased to Rs 1,479.86 crore from Rs 1,315.15 crore in the said period.

The company said the board has accepted the resignation of its Adi B and induction of Pirojsha Godrej as an

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 05 2018. 19:30 IST