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Avanti Feeds - Quaterly Results

22 May 2024 Evaluate
The revenue zoomed 16.48% to Rs. 9967.06 millions for the quarter ended March 2024 as compared to Rs. 8556.68 millions during the corresponding quarter last year.The Company has registered profit of Rs. 915.99  millions for the quarter ended March 2024, a growth of 10.29%  over Rs. 830.51 millions millions achieved in the corresponding quarter of last year.Operating Profit saw a handsome growth to 1270.68 millions from 1146.31 millions in the quarter ended March 2024.


(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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