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Avanti Feeds Ltd Q2FY24; 24% 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 Q2FY24 of ₹1,278.00 Crores down from ₹1,322.00 Crore year on year, a fall of 3.33%.

Total Expenses for Q2FY24 of ₹1,199.00 Crores down from ₹1,257.00 Crores year on year, a fall of 4.61%.

Consolidated Net Profit of ₹83.00 Crores up 23.88% from ₹67.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.45, up 31.01% from ₹4.16 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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