Godavari Biorefineries Ltd
🚀 Godavari Biorefineries Reports Strong Growth & Strategic Expansions in Q2 FY26
- Revenue from operations grew 34% YoY to ₹430.8Cr in Q2 FY26.
- EBITDA loss reduced to ₹4.4Cr (vs ₹31.5Cr loss in Q2 FY25).
- Bio-based chemicals EBITDA surged 60% on better realizations & specialty crops.
- Ethanol segment turned profitable with ₹4.7Cr EBITDA (vs ₹2.9Cr loss YoY).
- 200KL/day grain-based ethanol distillery on track for Q4 FY26 commissioning.
- Govt proposes 1.5M ton sugar export allowance & removal of 50% molasses duty.
- Pilot CO2-to-DME clean fuel project launched with ICT Mumbai.
- Cancer drug efficacy trials application in prep; US subsidiary planned for out-licensing.
- Gross margin improved to 21% (from 16.5% YoY) on better product mix.
- Jivana brand revenue hit ₹65Cr in H1 FY26 (vs ₹28Cr few years ago).