Godrej Agrovet Ltd
NSE:GODREJAGRO
Income Statement
Earnings Waterfall
Godrej Agrovet Ltd
Revenue
|
95.2B
INR
|
Cost of Revenue
|
-73.4B
INR
|
Gross Profit
|
21.9B
INR
|
Operating Expenses
|
-17.6B
INR
|
Operating Income
|
4.2B
INR
|
Other Expenses
|
-882.2m
INR
|
Net Income
|
3.3B
INR
|
Income Statement
Godrej Agrovet Ltd
Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||
Revenue |
27 905
N/A
|
40 112
+44%
|
52 059
+30%
|
53 256
+2%
|
54 882
+3%
|
57 216
+4%
|
59 177
+3%
|
61 360
+4%
|
63 987
+4%
|
67 273
+5%
|
69 640
+4%
|
68 157
-2%
|
66 885
-2%
|
64 320
-4%
|
62 667
-3%
|
67 054
+7%
|
71 355
+6%
|
76 878
+8%
|
83 061
+8%
|
88 232
+6%
|
91 144
+3%
|
93 594
+3%
|
93 737
+0%
|
93 740
+0%
|
94 996
+1%
|
95 213
+0%
|
|
Gross Profit | |||||||||||||||||||||||||||
Cost of Revenue |
(21 244)
|
(30 562)
|
(40 012)
|
(40 594)
|
(42 061)
|
(44 099)
|
(46 026)
|
(47 407)
|
(49 636)
|
(52 460)
|
(54 112)
|
(52 112)
|
(50 237)
|
(47 375)
|
(47 969)
|
(49 874)
|
(53 517)
|
(58 107)
|
(65 644)
|
(67 821)
|
(70 660)
|
(72 838)
|
(77 025)
|
(73 032)
|
(73 542)
|
(73 359)
|
|
Gross Profit |
6 661
N/A
|
9 550
+43%
|
12 047
+26%
|
12 663
+5%
|
12 822
+1%
|
13 118
+2%
|
13 152
+0%
|
13 953
+6%
|
14 352
+3%
|
14 814
+3%
|
15 528
+5%
|
16 046
+3%
|
16 648
+4%
|
16 944
+2%
|
14 698
-13%
|
17 179
+17%
|
17 837
+4%
|
18 771
+5%
|
17 417
-7%
|
20 411
+17%
|
20 485
+0%
|
20 756
+1%
|
16 712
-19%
|
20 708
+24%
|
21 454
+4%
|
21 853
+2%
|
|
Operating Income | |||||||||||||||||||||||||||
Operating Expenses |
(4 369)
|
(6 504)
|
(8 434)
|
(8 964)
|
(9 203)
|
(9 507)
|
(9 574)
|
(10 477)
|
(11 223)
|
(11 795)
|
(12 119)
|
(12 416)
|
(12 500)
|
(12 699)
|
(10 599)
|
(13 088)
|
(13 606)
|
(14 356)
|
(12 454)
|
(15 610)
|
(16 123)
|
(16 418)
|
(13 339)
|
(17 101)
|
(17 403)
|
(17 636)
|
|
Selling, General & Administrative |
(1 403)
|
(2 089)
|
(7 562)
|
(2 853)
|
(2 845)
|
(2 916)
|
(7 339)
|
(3 059)
|
(3 296)
|
(3 463)
|
(9 275)
|
(3 570)
|
(3 614)
|
(3 684)
|
(7 616)
|
(3 862)
|
(3 927)
|
(4 011)
|
(9 233)
|
(4 567)
|
(4 698)
|
(4 857)
|
(9 686)
|
(4 690)
|
(4 932)
|
(4 905)
|
|
Research & Development |
0
|
0
|
(12)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(427)
|
(642)
|
(902)
|
(867)
|
(893)
|
(942)
|
(1 024)
|
(1 109)
|
(1 247)
|
(1 354)
|
(1 481)
|
(1 496)
|
(1 512)
|
(1 531)
|
(1 540)
|
(1 582)
|
(1 614)
|
(1 669)
|
(1 733)
|
(1 774)
|
(1 812)
|
(1 836)
|
(1 855)
|
(1 934)
|
(2 002)
|
(2 063)
|
|
Other Operating Expenses |
(2 538)
|
(3 771)
|
43
|
(5 244)
|
(5 465)
|
(5 651)
|
(1 183)
|
(6 310)
|
(6 681)
|
(6 979)
|
(1 335)
|
(7 350)
|
(7 375)
|
(7 483)
|
(1 413)
|
(7 644)
|
(8 065)
|
(8 676)
|
(1 449)
|
(9 269)
|
(9 614)
|
(9 725)
|
(1 726)
|
(10 477)
|
(10 469)
|
(10 668)
|
|
Operating Income |
2 293
N/A
|
3 047
+33%
|
3 613
+19%
|
3 698
+2%
|
3 617
-2%
|
3 609
0%
|
3 577
-1%
|
3 476
-3%
|
3 129
-10%
|
3 018
-4%
|
3 410
+13%
|
3 629
+6%
|
4 147
+14%
|
4 246
+2%
|
4 099
-3%
|
4 092
0%
|
4 232
+3%
|
4 415
+4%
|
4 963
+12%
|
4 800
-3%
|
4 361
-9%
|
4 338
-1%
|
3 373
-22%
|
3 607
+7%
|
4 051
+12%
|
4 218
+4%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||
Interest Income Expense |
(118)
|
(174)
|
(196)
|
(291)
|
(243)
|
(252)
|
(153)
|
(251)
|
(309)
|
(293)
|
(184)
|
(281)
|
(82)
|
3
|
353
|
53
|
(64)
|
(149)
|
(11)
|
(200)
|
(376)
|
(524)
|
(493)
|
(675)
|
(650)
|
(577)
|
|
Non-Reccuring Items |
0
|
121
|
94
|
121
|
121
|
0
|
883
|
883
|
883
|
883
|
(99)
|
(99)
|
(99)
|
(99)
|
3
|
0
|
0
|
(173)
|
(173)
|
(173)
|
(173)
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
(16)
|
0
|
305
|
305
|
252
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
694
|
0
|
0
|
0
|
|
Total Other Income |
153
|
210
|
222
|
290
|
237
|
229
|
214
|
593
|
369
|
415
|
366
|
448
|
418
|
456
|
77
|
417
|
391
|
364
|
669
|
769
|
801
|
1 481
|
202
|
1 114
|
1 138
|
437
|
|
Pre-Tax Income |
2 328
N/A
|
3 204
+38%
|
3 717
+16%
|
3 818
+3%
|
4 036
+6%
|
3 889
-4%
|
4 773
+23%
|
4 701
-2%
|
4 072
-13%
|
4 023
-1%
|
3 486
-13%
|
3 699
+6%
|
4 386
+19%
|
4 607
+5%
|
4 531
-2%
|
4 563
+1%
|
4 559
0%
|
4 457
-2%
|
5 416
+22%
|
5 196
-4%
|
4 614
-11%
|
5 295
+15%
|
3 777
-29%
|
4 046
+7%
|
4 538
+12%
|
4 078
-10%
|
|
Net Income | |||||||||||||||||||||||||||
Tax Provision |
(716)
|
(1 013)
|
(1 207)
|
(1 258)
|
(1 336)
|
(1 283)
|
(1 280)
|
(1 243)
|
(578)
|
(502)
|
(481)
|
(462)
|
(1 020)
|
(1 072)
|
(1 055)
|
(1 044)
|
(1 075)
|
(1 030)
|
(1 224)
|
(1 176)
|
(1 019)
|
(1 178)
|
(823)
|
(898)
|
(1 047)
|
(904)
|
|
Income from Continuing Operations |
1 611
|
2 190
|
2 510
|
2 559
|
2 700
|
2 607
|
3 493
|
3 460
|
3 496
|
3 522
|
3 006
|
3 237
|
3 365
|
3 534
|
3 476
|
3 517
|
3 484
|
3 427
|
4 192
|
4 021
|
3 595
|
4 117
|
2 954
|
3 148
|
3 491
|
3 174
|
|
Income to Minority Interest |
(65)
|
(148)
|
(218)
|
(203)
|
(209)
|
(202)
|
(203)
|
(211)
|
(148)
|
(67)
|
56
|
(48)
|
(147)
|
(217)
|
(338)
|
(206)
|
(150)
|
(58)
|
(166)
|
(228)
|
(177)
|
(185)
|
66
|
98
|
91
|
161
|
|
Net Income (Common) |
1 546
N/A
|
2 042
+32%
|
2 292
+12%
|
2 356
+3%
|
2 491
+6%
|
2 404
-3%
|
3 290
+37%
|
3 248
-1%
|
3 346
+3%
|
3 453
+3%
|
3 062
-11%
|
3 187
+4%
|
3 217
+1%
|
3 317
+3%
|
3 137
-5%
|
3 312
+6%
|
3 334
+1%
|
3 369
+1%
|
4 026
+20%
|
3 793
-6%
|
3 418
-10%
|
3 932
+15%
|
3 019
-23%
|
3 245
+7%
|
3 581
+10%
|
3 336
-7%
|