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Avanti Feeds Ltd Q1FY24; 58% rise in Profits

Avanti Feeds is a leading provider of high quality shrimp feed, best technical support to the farmer and caters to the quality standards of global shrimp customers.

Financial Results:

Avanti Feeds Ltd reported Revenues for Q1FY24 of ₹1,554.00 Crores down from ₹1,569.00 Crore year on year, a fall of 0.96%.

Total Expenses for Q1FY24 of ₹1,429.00 Crores down from ₹1,476.00 Crores year on year, a fall of 3.18%.

Consolidated Net Profit of ₹115.00 Crores up 57.53% from ₹73.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.81, up 60.70% from ₹4.86 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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