Avanti Feeds consolidated net profit rises 168.59% in the March 2017 quarter

Capital Market May 15, 2017 Last Updated at 17:40 IST

Sales rise 50.80% to Rs 699.30 crore

Net profit of Avanti Feeds rose 168.59% to Rs 83.88 crore in the quarter ended March 2017 as against Rs 31.23 crore during the previous quarter ended March 2016. Sales rose 50.80% to Rs 699.30 crore in the quarter ended March 2017 as against Rs 463.73 crore during the previous quarter ended March 2016.

For the full year,net profit rose 36.10% to Rs 214.35 crore in the year ended March 2017 as against Rs 157.50 crore during the previous year ended March 2016. Sales rose 35.42% to Rs 2701.98 crore in the year ended March 2017 as against Rs 1995.30 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales699.30463.73 51 2701.981995.30 35 OPM %18.3210.23 -12.2011.52 - PBDT133.9050.99 163 348.81244.50 43 PBT130.0948.47 168 335.12234.27 43 NP83.8831.23 169 214.35157.50 36

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