Avanti Feeds standalone net profit declines 7.00% in the March 2018 quarter

Sales rise 19.77% to Rs 726.76 crore

Net profit of Avanti Feeds declined 7.00% to Rs 75.46 crore in the quarter ended March 2018 as against Rs 81.14 crore during the previous quarter ended March 2017. Sales rose 19.77% to Rs 726.76 crore in the quarter ended March 2018 as against Rs 606.81 crore during the previous quarter ended March 2017.

For the full year,net profit rose 111.25% to Rs 414.94 crore in the year ended March 2018 as against Rs 196.42 crore during the previous year ended March 2017. Sales rose 26.20% to Rs 2815.33 crore in the year ended March 2018 as against Rs 2230.85 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales726.76606.81 20 2815.332230.85 26 OPM %14.4820.39 -21.6813.28 - PBDT116.60127.95 -9 644.62307.89 109 PBT112.56124.69 -10 629.95296.37 113 NP75.4681.14 -7 414.94196.42 111

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