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Avanti Feeds consolidated net profit rises 43.32% in the March 2016 quarter

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Capital Market

Sales rise 22.55% to Rs 463.73 crore

Net profit of Avanti Feeds rose 43.32% to Rs 31.23 crore in the quarter ended March 2016 as against Rs 21.79 crore during the previous quarter ended March 2015. Sales rose 22.55% to Rs 463.73 crore in the quarter ended March 2016 as against Rs 378.41 crore during the previous quarter ended March 2015.

For the full year,net profit rose 35.87% to Rs 157.50 crore in the year ended March 2016 as against Rs 115.92 crore during the previous year ended March 2015. Sales rose 13.17% to Rs 1995.30 crore in the year ended March 2016 as against Rs 1763.10 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales463.73378.41 23 1995.301763.10 13 OPM %10.019.75 -11.4910.27 - PBDT50.2237.91 32 244.50187.60 30 PBT47.7035.67 34 234.27178.80 31 NP31.2321.79 43 157.50115.92 36

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First Published: May 21 2016 | 5:35 PM IST

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