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Avanti Feeds standalone net profit declines 33.78% in the September 2016 quarter

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Capital Market

Sales rise 33.50% to Rs 703.23 crore

Net profit of Avanti Feeds declined 33.78% to Rs 29.11 crore in the quarter ended September 2016 as against Rs 43.96 crore during the previous quarter ended September 2015. Sales rose 33.50% to Rs 703.23 crore in the quarter ended September 2016 as against Rs 526.78 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales703.23526.78 33 OPM %6.7711.86 -PBDT53.9667.64 -20 PBT51.2565.11 -21 NP29.1143.96 -34

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First Published: Oct 31 2016 | 8:27 AM IST

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