Avanti Feeds has reported results for first quarter ended June 30, 2018.
The company has reported a fall of 44.22% in its net profit of Rs 79.44 crore for the quarter under review as compared to Rs 142.41 crore for the same quarter in the previous year. However, total income of the company increased by 3.92% at Rs 923.42 crore for Q1FY19 as compared Rs 888.60 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 41.59% in its net profit of Rs 85.67 crore for the quarter under review as compared to Rs 146.68 crore for the same quarter in the previous year. However, total consolidated income of the company increased by 4.45% at Rs 1,049.03 crore for Q1FY19 as compared Rs 1,004.35 crore for the corresponding quarter previous year.
