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Avanti Feeds consolidated net profit rises 27.93% in the March 2020 quarter

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Capital Market

Sales rise 20.65% to Rs 1034.81 crore

Net profit of Avanti Feeds rose 27.93% to Rs 86.98 crore in the quarter ended March 2020 as against Rs 67.99 crore during the previous quarter ended March 2019. Sales rose 20.65% to Rs 1034.81 crore in the quarter ended March 2020 as against Rs 857.68 crore during the previous quarter ended March 2019.

For the full year,net profit rose 26.63% to Rs 346.49 crore in the year ended March 2020 as against Rs 273.63 crore during the previous year ended March 2019. Sales rose 17.99% to Rs 4115.29 crore in the year ended March 2020 as against Rs 3487.78 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1034.81857.68 21 4115.293487.78 18 OPM %12.0410.87 -11.0311.68 - PBDT135.59111.59 22 522.57458.70 14 PBT126.00102.54 23 484.86422.86 15 NP86.9867.99 28 346.49273.63 27

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First Published: Jun 27 2020 | 5:04 PM IST

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