Shares of Avanti Feeds witnessed a block deal on March 4, 2025, with 59,77,413 shares changing hands, amounting to a total transaction value of Rs 435.16 crore. The last traded price (LTP) stood at Rs 728.00, marking a 0.03% increase from the previous close of Rs 727.75.
This accounts to nearly 4.39% of equity changing hands in this block trade, and while the details of buyers and sellers are not known, the block deal is worth over 435 crore.
Q3 FY25 Financial Performance
Avanti Feeds reported an 86.5% jump in net profit to ₹135.2 crore for the quarter ended December 2024, compared to ₹72.5 crore in the same period last year. The strong bottom-line growth was supported by higher margins and improved operational efficiencies.
The company’s revenue grew 9% year-on-year to ₹1,365.8 crore, up from ₹1,253.2 crore in Q3 FY24, driven by stable demand for its shrimp feed and seafood export business.
On the operating front, EBITDA surged 65.4% to ₹160.4 crore, compared to ₹97 crore in the year-ago period.
Margins also saw significant expansion, rising to 11.7% from 7.7% last year, reflecting cost efficiencies and improved realizations.
Global Market Presence
Avanti Feeds, India’s largest shrimp feed producer, exports to multiple international markets, including Europe, Japan, Korea, China, Russia, Canada, and the Middle East. The company continues to benefit from strong global demand, supporting its growth trajectory in the seafood export segment.
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