Godrej Agrovet Q2 Results: Stock falls on weak operating performance despite 17% revenue growth

Godrej Agrovet's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter declined 6.1% from last year to ₹200 crore from ₹213 crore. EBITDA margin narrowed by 160 basis points to 6.7% from 8.3% last year.