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Avanti Feeds - Quaterly Results

12 May 2022 Evaluate
A fair growth of 16.60% in the revenue at Rs. 10385.35 millions was reported in the March 2022 quarter as compared to Rs. 8906.68 millions during year-ago period.The Company has registered profit of Rs. 753.15  millions for the quarter ended March 2022, a growth of 9.52%  over Rs. 687.67 millions millions achieved in the corresponding quarter of last year.Operating profit surged to 1067.26 millions from the corresponding previous quarter of 967.41 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 10385.35 8906.68 16.60 40475.50 32425.08 24.83 40475.50 32425.08 24.83
Other Income 118.21 93.90 25.89 604.58 643.69 -6.08 604.58 643.69 -6.08
PBIDT 1067.26 967.41 10.32 2865.28 4260.10 -32.74 2865.28 4260.10 -32.74
Interest 1.49 1.38 7.97 11.50 4.91 134.22 11.50 4.91 134.22
PBDT 1065.77 966.03 10.32 2853.78 4255.19 -32.93 2853.78 4255.19 -32.93
Depreciation 48.64 56.77 -14.32 211.00 213.26 -1.06 211.00 213.26 -1.06
PBT 1017.13 909.26 11.86 2642.78 4041.93 -34.62 2642.78 4041.93 -34.62
TAX 263.98 221.59 19.13 650.22 988.22 -34.20 650.22 988.22 -34.20
Deferred Tax -16.75 -17.81 -5.95 0.32 -16.98 -101.88 0.32 -16.98 -101.88
PAT 753.15 687.67 9.52 1992.56 3053.71 -34.75 1992.56 3053.71 -34.75
Equity 136.25 136.25 0.00 136.25 136.25 0.00 136.25 136.25 0.00
PBIDTM(%) 10.28 10.86 -5.39 7.08 13.14 -46.12 7.08 13.14 -46.12
Peers
Company Name CMP
Godrej Agrovet 671.00
Avanti Feeds 764.20
Mukka Proteins 27.49
Mayank Cattle Food 111.25
Prima Agro 15.94
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