FMCG stock jumps 6% after company’s net profit increases by 140% YoY in Sept Qtr
FMCG stock jumps 6% after company’s net profit increases by 140% YoY in Sept Qtr
The agro industry in India plays a vital role in the country’s economy, driven by agriculture, food processing, and agribusiness activities. With a large agrarian base, India is one of the world’s largest producers of crops like rice, wheat, and pulses. Key players like Adani Wilmar, ITC, Marico, and Tata Consumer Products dominate the sector, focusing on food processing, edible oils, packaged foods, and agricultural exports.
Agro-based businesses, known for their edible oils and food products, have expanded their footprint across domestic and international markets. These major players in food and personal care, are heavily investing in sustainable farming and food innovations. With increasing urbanization and a growing middle class, India’s agro-industry is poised for substantial growth, supported by government policies promoting agriculture and food security.
Q2 Result
The company reported strong financial growth in Q2 of 2024-2025, with revenue increasing to Rs. 4,508 crore, up from Rs. 3,983 crore in the same period last year. This represents a solid growth in top-line performance. Net profit also saw a significant jump of 140%, rising to Rs. 65 crore from Rs. 27 crore, reflecting improved profitability.
The EBITDA margin improved slightly, moving from 2% in September 2023 to 2.26% in September 2024, indicating better operational efficiency and cost management. Overall, the company’s performance demonstrates strong growth in both revenue and profitability, with slightly improved margins in the second quarter.
Share Price
The share price of Gokul Agro Resources Limited is currently trading at Rs. 314.4, 6.2% from the previous close of Rs. 295.7 on November 12, 2024, at 10:05 am.
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About the Company
Gokul Agro Resources Limited (GARL), established in 2014, is one of the leading and fastest-growing FMCG companies engaged in producing, distributing, and exporting a wide range of edible and non-edible oils, derivatives, and feed meals. The company holds FSSC 22000:2024 certification, an internationally recognized standard, and is known for delivering high-quality products.
GARL serves the global market with its diverse portfolio of oils and feed meals, catering to both national and international customers. Its extensive marketing and distribution network spans across multiple geographies, enabling the company to meet the growing demands of consumers worldwide.
Conclusion
Gokul Agro Resources Limited has demonstrated remarkable growth in Q2 FY2024-25, driving its stock price up by 6.2% to Rs. 314.4. GARL maintains its position as a leading FMCG player in the edible oils sector, leveraging its FSSC 22000:2024 certification to ensure product quality.
The company’s expansion across national and international markets, combined with its diverse product portfolio, strengthens its competitive edge in the growing agro-industry. The improved net income reflects the company’s enhanced operational efficiency, positioning GARL to capture more opportunities in both domestic and global markets.
Written By: Dipangshu Kundu
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