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Avanti Feeds - Quaterly Results

10 Aug 2023 Evaluate
With no major difference for the quarter endedJune 2023 , the total revenue stood at Rs. 13268.33  millions.Profit after tax for the quarter ended June 2023 reported a huge growth of 62.18% to Rs. 936.53  millions from Rs. 577.48 millions.The company reported a good operating profit of 1334.13 millions compared to 825.72 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 13268.33 13067.34 1.54 13268.33 13067.34 1.54 40413.55 40475.50 -0.15
Other Income 243.41 46.84 419.66 243.41 46.84 419.66 627.51 604.58 3.79
PBIDT 1334.13 825.72 61.57 1334.13 825.72 61.57 3305.75 2865.28 15.37
Interest 1.39 2.62 -46.95 1.39 2.62 -46.95 7.44 11.50 -35.30
PBDT 1332.74 823.10 61.92 1332.74 823.10 61.92 3298.31 2853.78 15.58
Depreciation 78.14 49.28 58.56 78.14 49.28 58.56 230.22 211.00 9.11
PBT 1254.60 773.82 62.13 1254.60 773.82 62.13 3068.09 2642.78 16.09
TAX 318.07 196.34 62.00 318.07 196.34 62.00 739.65 650.22 13.75
Deferred Tax 18.17 -31.23 -158.18 18.17 -31.23 -158.18 13.04 0.32 3975.00
PAT 936.53 577.48 62.18 936.53 577.48 62.18 2328.44 1992.56 16.86
Equity 136.25 136.25 0.00 136.25 136.25 0.00 136.25 136.25 0.00
PBIDTM(%) 10.05 6.32 59.12 10.05 6.32 59.12 8.18 7.08 15.55
Peers
Company Name CMP
Godrej Agrovet 665.30
Avanti Feeds 765.95
Mukka Proteins 27.50
Mayank Cattle Food 111.25
Prima Agro 15.94
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