Avanti Feeds announced that the trial production at the newly established Shrimp Processing plant of Avanti Frozen Foods in Krishnapuram, Andhra Pradesh, started on 21 March 2024 and the 1st export invoice was raised on 28 March 2024.Powered by Capital Market - Live News

Net profit of Avanti Feeds rose 16.04% to Rs 72.47 crore in the quarter ended December 2023 as against Rs 62.45 crore during the previous quarter ended December 2022. Sales rose 13.66% to Rs 1253.23 crore in the quarter ended December 2023 as against Rs 1102.58 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1253.231102.58 14 OPM %7.707.23 - PBDT130.11108.65 20 PBT115.7198.00 18 NP72.4762.45 16 Powered by Capital Market - Live News

Avanti Feeds will hold a meeting of the Board of Directors of the Company on 5 February 2024.Powered by Capital Market - Live News

Net profit of Avanti Feeds rose 31.10% to Rs 74.23 crore in the quarter ended September 2023 as against Rs 56.62 crore during the previous quarter ended September 2022. Sales declined 3.30% to Rs 1278.49 crore in the quarter ended September 2023 as against Rs 1322.10 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales1278.491322.10 -3 OPM %7.355.67 - PBDT127.58101.55 26 PBT113.2891.62 24 NP74.2356.62 31 Powered by Capital Market - Live News

The Board of Avanti Feeds at its meeting held on 27 September 2023 has approved additional investment upto INR 26.25 crore in Avanti Pet Care, subsidiary company, at a face value of Rs 10/- each fully paid up.Powered by Capital Market - Live News