Godrej Agrovet Limited

rs,

Date: January 31, 2025 To, BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai – 400001 To, National Stock Exchange of India Limited Exchange Plaza

80.6%

et ESG UPDATE 3 I Godrej Agrovet OUR ESG INITIATIVES CONTINUED TO GENERATE MEANINGFUL IMPACT 80.6% GAVL’s Renewable energy portfolio 16x Water conservation ✓ Installed Solar rooftops at 20+ man

16x

SG INITIATIVES CONTINUED TO GENERATE MEANINGFUL IMPACT 80.6% GAVL’s Renewable energy portfolio 16x Water conservation ✓ Installed Solar rooftops at 20+ manufacturing sites - Cumulative generatio

11,000 MW

r conservation ✓ Installed Solar rooftops at 20+ manufacturing sites - Cumulative generation of ~11,000 MWh till Q3 FY25 ✓ Vegetable Oil business’ renewable energy portfolio ~98.5% of total energy usage

98.5%

ve generation of ~11,000 MWh till Q3 FY25 ✓ Vegetable Oil business’ renewable energy portfolio ~98.5% of total energy usage - Fruit bunches residue as a boiler fuel ✓ A water positive company; 22.6 m

22.6 million

~98.5% of total energy usage - Fruit bunches residue as a boiler fuel ✓ A water positive company; 22.6 million m3 water sequestered against a consumption of 1.41 million m3# ✓ 6,393 Ha of area covered, and

1.41 million

iler fuel ✓ A water positive company; 22.6 million m3 water sequestered against a consumption of 1.41 million m3# ✓ 6,393 Ha of area covered, and 5.1 lakh trees planted^ ✓ 7,604 households benefited^ “A-”

5.1 lakh

m3 water sequestered against a consumption of 1.41 million m3# ✓ 6,393 Ha of area covered, and 5.1 lakh trees planted^ ✓ 7,604 households benefited^ “A-” Leadership band in Climate disclosure -15.0

15.0%

lakh trees planted^ ✓ 7,604 households benefited^ “A-” Leadership band in Climate disclosure -15.0% Scope 1 & 2 GHG emission reduction ✓ GAVL score “B” management level in Forest (Palm oil) & wat

37.5%

gri company in India to have approved science-based emission reduction target aligned to WB2DS ✓ 37.5% scope 1+2 GHG emission reduction by FY35 from baseline year of FY20 * The scores are in the ran

0.121 million

s conducted with 6,263 animals and 12,505 animals benefitted from the veterinary camps ✓ Conserved 0.121 million m3 water through the water stewardship programme in Nashik ✓ 1,602 farmers trained on agriculture

4.5%

ms & Astec Q3 FY25 Q3 FY24 Y-o-Y Change Q3 FY25 Q3 FY24 Y-o-Y Change Revenues 2,450 2,345 4.5% 2,355 2,294 2.7% Earnings before interest, tax and Depreciation (EBITDA) EBITDA Margin (%)

“EBIT/MT improved significantly by 45% from ₹ 1,338 in Q3 FY24 to ₹ 1,935 in Q3 FY25.”

“• While Fresh Fruit Bunch (FFB) arrivals remained flat, segment revenue registered a strong y-o-y growth of 45.0% in Q3 FY25 due to improved realizations in both CPO & PKO.”

“16 I Godrej Agrovet ASTEC LIFESCIENCES Manufactures a wide range of agrochemical active ingredients Particulars Q3 FY25 Q3 FY24 Y-o-Y Change 9M FY25 9M FY24 Y-o-Y Change Revenues (Cr) EBITDA (Cr) EBITDA Margin (%) 94 -4 NM 51 -17 NM 85.0% NM 262 -67 NM 304 -15 NM -14.0% NM • In Q3 FY25, Astec reported a sequential and year-on-year improvement in performance.”

“17 I Godrej Agrovet CREAMLINE DAIRY Private dairy player in Southern India with a wide range of product portfolio Particulars Q3 FY25 Q3 FY24 Y-o-Y Change 9M FY25 9M FY24 Y-o-Y Change Revenues (Cr) EBITDA (Cr) EBITDA Margin (%) 370 18 4.9% 366 19 5.2% 1.0% -5.4% 1,201 63 5.3% 1,181 37 3.2% 1.7% 69.8% • • In Q3 FY25, segment revenue & margin remained flat y-o-y due to volumes remaining at similar levels on account of voluntary controls.”

“Salience of Value-Added Products (VAP) improved marginally to 34% of total sales in Q3 FY25 & also improved sequentially.”

“18 I Godrej Agrovet GODREJ FOODS LIMITED Particulars Q3 FY25 Q3 FY24 Y-o-Y Change 9M FY25 9M FY24 Y-o-Y Change Revenues (Cr) EBITDA* (Cr) EBITDA Margin (%) * Excluding Non-recurring & exceptional items 216 11 5.2% 223 2 0.9% -3.2% 490.1% 647 41 6.3% 770 55 7.1% -16.0% -25.7% • Marginal decline in revenues in Q3 FY25 as compared to Q3 FY24 was primarily due to lower volumes in live bird business as GFL continued to focus on branded segment & reduce exposure to live bird segment.”

“• In Q3 FY25 profitability improved substantially due to higher realizations in the live bird segment as compared to Q3 FY24.”

Notes

1

Notes

(1) As % of total consolidated segment revenues (2) As % of total consolidated segment profit before interest and taxes SEGMENT-WISE PERFORMANCE UPDATE 13 I Godrej Agrovet ANIMAL FEED Leading compound feed play across Cattle (Milk), Broiler, Layer, Fish and Shrimp feed in India Particulars Sales Volume (tons) Segment Revenue (Cr) Segment Result (Cr) Segment Margin (%) Q3 FY25 3,97,498 1,274 77 6.0% Q3 FY24 Y-o-Y Change 9M FY25 9M FY24 Y-o-Y Change 3,90,472 1,291 52 4.0% 1.8% -1.3% 47.2% 11,05,040 11,37,398 3,635 226 6.2% 3,818 163 4.3% -2.8% -4.8% 38.2% • • Segment margin improved significantly from 4.0% in Q3 FY24 to 6.0% in Q3 FY25 due to favourable commodity positions. EBIT/MT improved significantly by 45% from ₹ 1,338 in Q3 FY24 to ₹ 1,935 in Q3 FY25. Despite marginal y-o-y growth in overall volumes, sequential volumes grew by 9.9%. This growth was primarily driven by cattle, broiler and layer feed which grew by 12.9%, 10.1%, and 7.8%, respectively. 14 I Godrej Agrovet VEGETABLE OI