Avanti Feeds Limited reported robust financial performance for the third quarter ended December 31, 2024, showcasing significant growth in profitability and steady revenue improvement.
Key Financial Highlights (Q3 FY25):
- Revenue from Operations: ₹1,365.77 crore, up 9% compared to ₹1,253.23 crore in Q3 FY24, driven by strong sales in its aquaculture feed and shrimp exports divisions.
- Total Income: ₹1,404.89 crore compared to ₹1,286.95 crore in the corresponding quarter last year.
- Net Profit: ₹140.81 crore, marking an impressive 86.6% increase from ₹83.31 crore YoY. This growth was fueled by improved operational efficiency and favorable cost management.
- EBITDA: The company witnessed substantial gains due to effective cost control and reduced raw material prices, contributing to higher margins.
Expense Overview:
- Total Expenses: ₹1,220.9 crore, compared to ₹1,234.92 crore YoY, reflecting effective management of production and operating costs.
- Employee Benefits: ₹63.06 crore, rising from ₹47.09 crore YoY, highlighting investments in operational expansion.
Tax Expense: ₹43.16 crore, compared to ₹32.39 crore in Q3 FY24, reflecting increased profitability.
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