Godavari Biorefineries Limited (GBL) has reported a 12% increase in revenue to ₹447.3 crore for the third quarter of FY25, driven by its expansion in ethanol and bio-based chemicals. The company’s revenue grew from ₹398.0 crore in Q3 FY24, while EBITDA and profit after tax (PAT) rose to ₹39.7 crore and ₹5.8 crore, respectively. GBL is expanding its ethanol division and diversifying into bio-based chemicals, solidifying its position in India’s renewable energy and chemical sectors. The company has secured technology licenses for Bio-Butanol and higher alcohols, and is investing in capacity expansion, including a new corn/grain-based distillery. GBL has also reduced its term debt by utilizing IPO proceeds, improving its financial stability. The Indian government’s approval of sugar exports and focus on ethanol blending are expected to support the company’s growth. Chairman and Managing Director Samir Somaiya described the company’s focus on innovation-driven bio-refining and expansion into new markets. GBL is well-positioned for sustained growth in India’s renewable energy and chemical markets.
Godavari Biorefineries’ third-quarter FY25 performance soars as demand for bio-based chemicals and ethanol fuels surges.
