ALPHA TRIBE

Godrej Agrovet LimitedBoard Meeting, 31-01-2025: Outcome of Board Meeting

31-01-2025 | 06:16 pm

The Board of Directors has approved the standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported total income of ₹1,945.22 Cr for the quarter, with a profit before tax of ₹218.49 Cr. The Board took note of the statutory auditors' limited review reports, which concluded with unmodified opinions. Additionally, the plan to raise funds through additional borrowings of up to ₹1,000 Cr has been deferred. This decision could impact the company’s ability to pursue strategic initiatives requiring immediate capital.

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