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Avanti Feeds consolidated net profit declines 19.88% in the March 2021 quarter

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Capital Market

Sales rise 6.12% to Rs 1098.11 crore

Net profit of Avanti Feeds declined 19.88% to Rs 69.69 crore in the quarter ended March 2021 as against Rs 86.98 crore during the previous quarter ended March 2020. Sales rose 6.12% to Rs 1098.11 crore in the quarter ended March 2021 as against Rs 1034.81 crore during the previous quarter ended March 2020.

For the full year,net profit rose 3.92% to Rs 360.07 crore in the year ended March 2021 as against Rs 346.49 crore during the previous year ended March 2020. Sales declined 0.36% to Rs 4100.56 crore in the year ended March 2021 as against Rs 4115.29 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1098.111034.81 6 4100.564115.29 0 OPM %7.7812.04 -11.2111.03 - PBDT103.09135.59 -24 550.59522.57 5 PBT92.84126.00 -26 509.67484.86 5 NP69.6986.98 -20 360.07346.49 4

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First Published: Jun 22 2021 | 3:59 PM IST

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