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Avanti Feeds standalone net profit declines 68.38% in the September 2018 quarter

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Capital Market

Sales decline 15.41% to Rs 553.65 crore

Net profit of Avanti Feeds declined 68.38% to Rs 32.56 crore in the quarter ended September 2018 as against Rs 102.97 crore during the previous quarter ended September 2017. Sales declined 15.41% to Rs 553.65 crore in the quarter ended September 2018 as against Rs 654.48 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales553.65654.48 -15 OPM %7.9023.42 -PBDT53.66160.67 -67 PBT48.55157.18 -69 NP32.56102.97 -68

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First Published: Nov 12 2018 | 9:31 AM IST

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