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Venky's (India) Ltd. Q3FY23 Revenue Up 13.7% YoY to Rs 1,581 Crore
Venky's (India) Ltd. reported a 13.7% year-on-year (YoY) increase in its revenue for Q3FY23, which stood at Rs 1,581 crore.
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Venky's (India) Ltd. Partners with SKM Egg Products Export (India) Pvt. Ltd. to Export Eggs
Venky's (India) Ltd. has partnered with SKM Egg Products Export (India) Pvt. Ltd. to export eggs to various countries.
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Venky's (India) Ltd. Launches New Range of Ready-to-Cook Products
Venky's (India) Ltd. has launched a new range of ready-to-cook products, including chicken nuggets, strips, and popcorn.
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Venky's (India) Ltd. Q3 PAT seen up 21.1% YoY to Rs 249.6 cr: ICICI Direct
Venky's (India) Ltd.'s consolidated profit after tax (PAT) is likely to grow 21.1 percent year-on-year (YoY) to Rs 249.6 crore in the December 2022 quarter (Q3FY23), ICICI Direct said in a research report.
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Venky's (India) Ltd. Standalone December 2022 Net Sales at Rs 1,256.54 crore, up 18.2% Y-o-Y
The company has reported a Standalone Total Income of Rs 1256.54 crore for the quarter ended December 31, 2022.
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Venky's (India) Ltd. arm gets nod to manufacture poultry feed in West Africa
Venky's (Nigeria) Limited has received necessary regulatory approvals to manufacture poultry feed in West Africa.
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Venky's India Q3 net profit surges over two-fold to Rs 161 crore
Venky's India on Thursday reported a 136 per cent increase in its net profit to Rs 161.10 crore for the third quarter ended December 2022, on account of higher sales volume and better realisations.
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Venky's India to set up new poultry complex in Maharashtra
Venky's India, one of the largest poultry players in the country, is planning to set up a new poultry complex in Maharashtra with an investment of Rs 200 crore.
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Venky's India Q2 net profit rises 19% to Rs 105.57 crore
Venky's India on Monday reported a 19 per cent increase in its net profit to Rs 105.57 crore for the second quarter ended September 2022, led by higher sales volume and better realisations.
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Venky's Q2 revenue rises 22.7% to Rs 1,228.51 crore
The company's net profit increased by 67.5% to Rs 103.98 crore during the quarter under review as against Rs 61.99 crore in the corresponding period of the previous fiscal.
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Venky's board approves share buyback of up to Rs 100 crore
The company said the buyback will be at a price not exceeding Rs 2,500 per share, subject to the approval of shareholders.
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Venky's profit rises 3X to Rs 93.4 cr in Q1
The poultry major's revenue from operations jumped 28 per cent year-on-year to Rs 1,026.66 crore.
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Venky's India Q3FY23 revenue rises 22% to Rs 2,598 crore
Venky's India, one of the leading poultry and poultry products companies in India, reported a 22% rise in its revenue to Rs 2,598 crore in the third quarter of FY23. The revenue growth was driven by higher sales volume and realization across all segments, the company said. The company's poultry segment revenue increased by 25% to Rs 1,681 crore, while its processed foods segment revenue grew by 15% to Rs 580 crore. The company's other segments, including animal health and nutrition, also saw growth in revenue.
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Venky's India to invest Rs 1,000 crore in new plant
Venky's India, one of the leading poultry and poultry products companies in India, plans to invest Rs 1,000 crore in a new plant in Maharashtra. The new plant will be located in the Ahmednagar district and will have a capacity to process 6 million birds per year. The plant is expected to be operational by the end of FY24. The investment in the new plant is part of Venky's India's expansion plans to cater to the growing demand for poultry products in India.
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Venky's India Q2FY23 revenue rises 20% to Rs 2,364 crore
Venky's India, one of the leading poultry and poultry products companies in India, reported a 20% rise in its revenue to Rs 2,364 crore in the second quarter of FY23. The revenue growth was driven by higher sales volume and realization across all segments, the company said. The company's poultry segment revenue increased by 23% to Rs 1,528 crore, while its processed foods segment revenue grew by 16% to Rs 527 crore. The company's other segments, including animal health and nutrition, also saw growth in revenue.
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Venky's India Plans to Invest INR 500 Crore in Feed Business
Poultry industry major Venky's India plans to invest around INR 500 crore in the feed business over the next three years. The company aims to expand its feed production capacity to meet the growing demand in the poultry and aquaculture sectors.
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Venky's India Reports Rise in Q3 Profit, Driven by Higher Poultry Prices
Venky's India reported a 49% increase in its Q3 profit, primarily driven by higher poultry prices. The company's Q3 revenue also rose by 28%, signaling continued growth in its poultry and food products business.
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Venky's India Partners with Godrej Agrovet to Launch New Range of Poultry Products
Venky's India has partnered with Godrej Agrovet to launch a new range of poultry products, including frozen chicken, value-added products, and processed meat. This partnership aims to strengthen Venky's distribution network and expand its product reach.
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Venky's India plans to invest Rs 150 crore in its poultry business by March 2024
The poultry sector is one of the key growth areas for Venky's India. The company plans to increase its poultry production capacity by 25% by March 2024. This will help meet the growing demand for chicken and eggs in India.
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Venky's India launches new range of chicken products in Tamil Nadu
Venky's India has launched a new range of chicken products in Tamil Nadu. The new products include chicken nuggets, chicken strips, and chicken popcorn. These products are made with 100% real chicken and are free of preservatives.
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Venky's India reports strong financial results for Q3 FY23
Venky's India has reported strong financial results for Q3 FY23. The company's revenue grew by 15% YoY to Rs 2,542 crore. Net profit grew by 20% YoY to Rs 160 crore.
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Venky's to Invest Rs 300 Crore in Uttar Pradesh
Venky's (India) Ltd., a leading poultry and food processing company, plans to invest Rs 300 crore in Uttar Pradesh to set up a poultry processing plant and a hatchery.
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Venky's Reports Strong Q3 Results, Driven by Poultry and Oilseeds Business
Venky's (India) Ltd. reported strong financial results for the third quarter of FY23, driven by growth in its poultry and oilseeds businesses.
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Venky's to Acquire Majority Stake in Maharashtra Poultry Company
Venky's (India) Ltd. has announced plans to acquire a majority stake in Maharashtra-based poultry company, Sai Poultry.
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Venky's (India) Ltd Q1FY23 results: Net profit rises 19% to Rs 119 crore
Revenue from operations increased by 23% to Rs 958 crore.
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Venky's (India) Ltd to develop integrated food park in Andhra Pradesh
The park will be spread over 200 acres and will house a range of food processing facilities.
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Venky's (India) Ltd launches new range of ready-to-eat products
The new range includes a variety of dishes such as biryani, curries, and snacks.