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Home»Industries»Godrej Industries Q3 profit rises but margin contracts
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Godrej Industries Q3 profit rises but margin contracts

By LucasFebruary 12, 20262 Mins Read
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Godrej Industries reported its Q3 (October-December) results with consolidated net profit rising 8.7% year-on-year to ₹204.5 crore compared with ₹188.2 crore in the same quarter last year. Godrej Industries’ revenue grew 4.7% to ₹5,051 crore from ₹4,824 crore a year ago. However, EBITDA declined 8.8% to ₹544.1 crore against ₹597 crore a year earlier, leading to a lower operating margin of 10.8% versus 12.4% in the previous year.

As per the company’s exchange, the Home Care portfolio grew 12%, aided by robust momentum in air fresheners and fabric care. Personal Care expanded 7%, with hair colour and personal wash gaining market share. The acquisition of Muuchstac was completed in November and is now fully operational.

The chemicals business delivered strong topline growth, with Q3 revenue rising 23 % year-on-year to ₹1,092 crore.

In real estate, subsidiary Godrej Properties Ltd (GPL) posted a sharp acceleration in bookings. Q3 booking value surged 55% year-on-year to ₹8,421 crore, with 3,973 homes sold aggregating around 64.3 lakh sq ft. The company added three new projects during the quarter with an estimated booking value of ₹8,400 crore. Net profit rose to ₹195 crore from ₹163 crore a year earlier. GPL delivered around 17 lakh sq ft across three cities and received 42 awards during the quarter.

The agri business arm, Godrej Agrovet Ltd (GAVL), reported Q3 total income of ₹2,737 crore compared with ₹2,458 crore in the year-ago period. Net profit increased marginally to ₹115 crore from ₹111 crore. Animal feed volumes remained strong across cattle, layer and fish feed segments. Vegetable oil revenue rose 27 % year-on-year, while crop protection revenue jumped 34 % to ₹260 crore. Dairy revenue grew around 3 %.

As of December 31, 2025, the company’s listed investments saw significant appreciation in value. Its 23.7% stake in GCPL had a market value of about ₹29,661 crore, while its 44.8% holding in GPL was valued at approximately ₹27,058 crore. The 64.8% stake in GAVL was worth around ₹7,143 crore. These valuations were substantially higher than the aggregate historical investment cost of ₹9,086 crore.

The shareholding pattern as of December 31, 2025 showed promoters holding 74.64%, the Godrej Foundation 10.04%, foreign institutional investors 4.86%, domestic institutional investors 3.29% and others 7.17%.

First Published: Feb 11, 2026 5:40 PM IST



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