MUMBAI: Godrej Industries’ June quarter numbers read like a mixed-genre script, a drama of losses on the standalone front, but a blockbuster on the consolidated stage. For Q1 FY26, the conglomerate clocked a consolidated net profit of Rs 725.35 crore, up from Rs 640.86 crore in the year-ago quarter and a sharp leap from Rs 416.13 crore in Q4 FY25. The earnings ride was powered by total income of Rs 5,718.97 crore, a 9 per cent rise year-on-year, buoyed by its FMCG, agri-business, chemicals, and real estate subsidiaries.

Segmental muscle showed in the expense sheet too cost of materials consumed stood at Rs 2,420.69 crore, while purchases of stock-in-trade rose to Rs 143.79 crore. Inventory changes delivered a significant positive swing at Rs 3,349.68 crore (credit), compared with Rs 2,011.01 crore last year, cushioning the operating line.

Finance costs came in at Rs 113.53 crore, with depreciation at Rs 576.29 crore. Profit before tax surged to Rs 1,058.56 crore from Rs 872.61 crore in Q1 FY25.

However, on a standalone basis, it was a different story,  the company posted a net loss of Rs 29.98 crore, reversing from a Rs 105.26 crore profit a year earlier, hurt by higher input costs and flat revenue growth (Rs 1,018.29 crore versus Rs 986.45 crore in Q1 FY25).

Margins on the consolidated level held strong, with operating margin at 8.90 per cent and net profit margin at 16.26 per cent, an improvement from last year’s 15.09 per cent. Earnings per share stood at Rs 10.37, more than double the Rs 5.44 posted in the March quarter.

Advertisement

With a net worth of Rs 10,137.54 crore and debt-equity ratios steady (gross at 6.42), Godrej Industries appears well positioned for its next growth leg, even if the standalone arm needs a few scenes rewritten.

MUMBAI: R K Swamy seems to have found the right script for Q1, a plot with steady revenues, tighter expenses, and a profit scene worth watching. The integrated marketing services player posted a consolidated net profit of Rs 287.46 lakh for the quarter ended 30 June 2025, up from Rs 217.93 lakh in the year-ago period. Revenue from operations stood at Rs 7,756.79 lakh, with total income touching Rs 8,024.81 lakh, powered by Rs 268.02 lakh in other income.

Operational expenses rose to Rs 2,494.25 lakh from Rs 2,173.20 lakh, while employee costs were slightly higher at Rs 3,182.71 lakh. Other expenses climbed to Rs 1,468.53 lakh. EBITDA came in at Rs 879.32 lakh, well ahead of the Rs 703.22 lakh posted last year, though below the March quarter’s Rs 1,972.21 lakh.

Finance costs and depreciation stood at Rs 85.45 lakh and Rs 433.52 lakh respectively, leading to a profit before tax of Rs 360.35 lakh. Total tax expenses were Rs 72.89 lakh.

The quarter also saw Rs 5,400 lakh of IPO proceeds fully deployed for working capital, while Rs 3,626.22 lakh earmarked for general corporate purposes has also been utilised. However, Rs 5,458.43 lakh remains unutilised including Rs 1,098.50 lakh for a planned DVCP Studio, Rs 2,838.20 lakh for IT infrastructure across R K Swamy and its subsidiaries Hansa Research and Hansa Customer Equity, and Rs 1,521.73 lakh for new CEC and CATI facilities.

On a standalone basis, profit for the quarter was Rs 134.16 lakh versus Rs 35.18 lakh last year, with revenue from operations at Rs 3,283.06 lakh.

Advertisement

While adland has seen its fair share of headwinds, R K Swamy’s Q1 suggests the company is positioning itself for a year of expansion with big-ticket infrastructure investments waiting in the wings to take centre stage.
 

MUMBAI: In the corporate coop this quarter, Venky’s (India) Ltd has laid a golden egg. The poultry-to-oilseed giant reported a consolidated net profit of Rs 15.83 crore for the quarter ended 30 June 2025, up from Rs 15.78 crore a year ago, despite battling feed cost pressures and softer margins in its core poultry segment.

Revenue from operations climbed 7.15 per cent year-on-year to Rs 865.83 crore, compared with Rs 808.02 crore in Q1 FY25. Total income stood at Rs 877.52 crore, buoyed by Rs 11.69 crore in other income.

The company’s poultry and poultry products division remained the main profit roost, bringing in Rs 475.66 crore in sales, followed by oilseed at Rs 318.02 crore and animal health products at Rs 96.98 crore. Segment results showed poultry still feeling the heat with a loss of Rs 5.55 crore, while animal health (Rs 23.18 crore) and oilseed (Rs 10.05 crore) kept the ledger in the black.

Expenses rose to Rs 855.75 crore from Rs 717.63 crore last year, driven by higher material costs (Rs 553.08 crore) and feedstock price volatility. Finance costs edged up to Rs 4.29 crore, while depreciation came in at Rs 9.21 crore.

Earnings per share for the quarter stood at Rs 11.24, compared with Rs 11.24 in the previous quarter and Rs 9.44 a year earlier. On the balance sheet, total assets grew to Rs 2,09,115 lakh, while liabilities were steady at Rs 59,975 lakh.

Advertisement

While the poultry flock faced headwinds, the diversified revenue mix helped Venky’s keep its Q1 nest egg intact proving that in this business, you can still rule the roost if you spread your wings wide enough.