Godrej Agrovet gains on tie-up with Malaysian firm for palm oil seeds
Fri, Sep 29, 2023 10:56 AM

Godrej Agrovet gains on tie-up with Malaysian firm for palm oil seeds

A Flip by Shubhangi Gupta
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Godrej Agrovet Limited (GAVL) traded 0.21% higher on the NSE, indicating investor confidence boosted by its recent agreement with Malaysian firm SDP to supply oil palm seeds for the company's oil palm business units. In Q1FY23, the agri-business company recorded slightly unchanged revenue of Rs 2,510.2 crore, yet grew net profit 21% to Rs 124.5 crore YoY.

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