Avanti Feeds consolidated net profit declines 34.96% in the December 2019 quarter

Capital Market 

Sales rise 10.46% to Rs 922.69 crore

Net profit of Avanti Feeds declined 34.96% to Rs 47.85 crore in the quarter ended December 2019 as against Rs 73.57 crore during the previous quarter ended December 2018. Sales rose 10.46% to Rs 922.69 crore in the quarter ended December 2019 as against Rs 835.32 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales922.69835.32 10 OPM %6.8613.13 -PBDT82.18123.20 -33 PBT73.05114.16 -36 NP47.8573.57 -35

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First Published: Wed, February 05 2020. 13:53 IST