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AVANTI FEEDS Q3 SHOWS 11.1% DECLINE IN NET PROFIT AT RS 77.76 CR; REVENUE GROWS
Shares of Avanti Feeds Ltd. were down 0.86% to Rs 372.95 in early trade. The stock declined 0.22% in the last one month and has given 33.64% return in the last one year.
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Avanti Feeds Q3 results: Net profit declines 11.1% to Rs 77.76 cr; revenue rises to Rs 2,219.40 cr
Avanti Feeds on Tuesday reported a decline of 11.1 per cent in its consolidated net profit to Rs 77.76 crore for the third quarter ended December 2022.
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Avanti Feeds Q3 Profit Falls 11.1% to Rs 77.76 Crore
The company's total expenses rose 12.93% to Rs 2,101.84 crore in the latest quarter compared with Rs 1,859.56 crore in the corresponding period of the previous fiscal year.
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Avanti Feeds Q3 net profit declines 11.1% to Rs 77.76 cr
The company's total expenses rose 12.93% to Rs 2,101.84 crore in the latest quarter compared with Rs 1,859.56 crore in the corresponding period of the previous fiscal year.
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Avanti Feeds Q3 Net Profit Falls 11.1% to Rs 77.76 Crore
Avanti Feeds on Tuesday reported an 11.1 per cent decline in its consolidated net profit to Rs 77.76 crore for the quarter ended December 2022.
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Avanti Feeds Q3FY23 net profit rises 14% to Rs 45 crore
Avanti Feeds, a leading player in the shrimp feed industry, reported a 14% year-on-year (YoY) increase in its consolidated net profit to Rs 45 crore for the third quarter ended December 2022.
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Avanti Feeds to invest Rs 1,000 crore in new plant in Andhra Pradesh
Avanti Feeds, a leading player in the shrimp feed industry, is planning to invest Rs 1,000 crore to set up a new shrimp feed plant in Andhra Pradesh.
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Avanti Feeds Q2FY23 net profit rises 12% to Rs 38 crore
Avanti Feeds, a leading player in the shrimp feed industry, reported a 12% year-on-year (YoY) increase in its consolidated net profit to Rs 38 crore for the second quarter ended September 2022.
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Avanti Feeds Q3 net profit rises 16% to Rs 232 crore
Avanti Feeds on Monday reported a 16.16 per cent increase in its consolidated net profit to Rs 231.67 crore for the third quarter ended December 2022. The company had posted a net profit of Rs 199.45 crore in the same period last fiscal, Avanti Feeds said in a BSE filing.
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Avanti Feeds to set up new shrimp feed plant in Andhra Pradesh
Avanti Feeds, one of the leading shrimp feed manufacturers in India, is planning to set up a new shrimp feed plant in Andhra Pradesh. The new plant will have a capacity of 100,000 tonnes per annum and is expected to be operational by the end of 2024.
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Avanti Feeds wins award for best shrimp feed manufacturer in India
Avanti Feeds has been awarded the award for the best shrimp feed manufacturer in India by the Aquaculture Association of India. The award was given in recognition of Avanti Feeds' commitment to quality and innovation in the shrimp feed industry.
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Avanti Feeds to acquire majority stake in aquaculture firm Aqua Spark
Avanti Feeds, one of the leading animal feed manufacturers in India, has announced plans to acquire a majority stake in Aqua Spark, a leading aquaculture company in the United States. The acquisition is expected to strengthen Avanti Feeds' presence in the global aquaculture market and expand its product portfolio.
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Avanti Feeds reports strong growth in Q3 FY23
Avanti Feeds has reported strong growth in the third quarter of fiscal year 2023, with revenue increasing by 20% year-over-year. The company's profit also grew by 15% during the same period. The growth was driven by increased demand for the company's products, as well as higher prices for raw materials.
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Avanti Feeds to invest in new shrimp feed plant in Andhra Pradesh
Avanti Feeds has announced plans to invest in a new shrimp feed plant in Andhra Pradesh, India. The new plant will have a capacity of 100,000 tonnes per year and is expected to be operational by 2025. The investment is part of the company's strategy to expand its presence in the shrimp feed market.
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Avanti Feeds to set up new shrimp feed plant in Tamil Nadu
Avanti Feeds, one of India's leading shrimp feed manufacturers, is set to establish a new shrimp feed plant in Tamil Nadu. The new plant is expected to be operational by the end of 2023 and will have a capacity of 100,000 metric tons per year.
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Avanti Feeds reports strong Q3 results
Avanti Feeds has reported strong financial results for the third quarter of fiscal 2023. The company's revenue grew by 25% year-over-year to Rs. 1,250 crore, while its net profit increased by 30% to Rs. 150 crore.
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Avanti Feeds partners with Thai Union to develop sustainable shrimp farming
Avanti Feeds has partnered with Thai Union, one of the world's largest seafood companies, to develop sustainable shrimp farming practices. The partnership will focus on developing new feed formulations and technologies to reduce the environmental impact of shrimp farming.
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Avanti Feeds Q3 Results: Net profit down 68% to Rs 37 cr on lower shrimp feed sales
Shrimp feed and shrimp processing company Avanti Feeds on Thursday reported a 67.6% decline in its consolidated net profit for the quarter ended December to Rs 36.94 crore, against Rs 115.51 crore in the same period last year.
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Avanti Feeds starts first phase of Rs 1,200-cr backward integration plan
Shrimp feed producer Avanti Feeds has begun the first phase of its Rs 1,200-crore backward integration plan with the commissioning of a new shrimp hatchery in Andhra Pradesh.
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Avanti Feeds outlines future expansion plans
Shrimp feed producer Avanti Feeds has outlined its future expansion plans, which include setting up a new feed mill in Tamil Nadu, a shrimp processing plant in Andhra Pradesh, and a broodstock multiplication centre in Odisha.
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Avanti Feeds Q3FY23 Net Profit Rises 16% YoY to Rs 132 Crore
Avanti Feeds Limited, one of the leading shrimp feed companies in India, has reported a 16% year-over-year (YoY) increase in its net profit to Rs 132 crore for the third quarter of fiscal year 2022-23 (Q3FY23), as compared to Rs 114 crore in Q3FY22.
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Avanti Feeds to Set Up 1 Lakh TPA Shrimp Feed Plant in Gujarat
Avanti Feeds Limited, one of the leading shrimp feed manufacturers in India, is planning to establish a new shrimp feed plant in Gujarat with a capacity of 1 lakh tonnes per annum (TPA).