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Avanti Feeds - Quaterly Results

22 May 2024 Evaluate
The company witnessed a 16.48% growth in the revenue at Rs. 9967.06 millions for the quarter ended March 2024 as compared to Rs. 8556.68 millions during the year-ago period.Profit saw a slight increase of 10.29%to Rs. 915.99  millions from Rs. 830.51 millions.The company reported a good operating profit of 1270.68 millions compared to 1146.31 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 9967.06 8556.68 16.48 42902.85 40413.55 6.16 42902.85 40413.55 6.16
Other Income 255.33 189.82 34.51 1053.77 627.51 67.93 1053.77 627.51 67.93
PBIDT 1270.68 1146.31 10.85 4399.26 3305.75 33.08 4399.26 3305.75 33.08
Interest 1.88 1.30 44.62 5.44 7.44 -26.88 5.44 7.44 -26.88
PBDT 1268.80 1145.01 10.81 4393.82 3298.31 33.21 4393.82 3298.31 33.21
Depreciation 82.29 74.54 10.40 323.81 230.22 40.65 323.81 230.22 40.65
PBT 1186.51 1070.47 10.84 4070.01 3068.09 32.66 4070.01 3068.09 32.66
TAX 270.52 239.96 12.74 989.45 739.65 33.77 989.45 739.65 33.77
Deferred Tax -33.86 15.95 -312.29 13.46 13.04 3.22 13.46 13.04 3.22
PAT 915.99 830.51 10.29 3080.56 2328.44 32.30 3080.56 2328.44 32.30
Equity 136.25 136.25 0.00 136.25 136.25 0.00 136.25 136.25 0.00
PBIDTM(%) 12.75 13.40 -4.84 10.25 8.18 25.36 10.25 8.18 25.36
Peers
Company Name CMP
Godrej Agrovet 665.15
Avanti Feeds 765.75
Mukka Proteins 27.80
Mayank Cattle Food 111.25
Prima Agro 15.94
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