Avanti Feeds shares rose 5% in morning trade following the release of the company’s Q4 financial results. As of 9:37 AM, the shares were trading 5.01% higher at Rs 905.85.
The consolidated net profit for the quarter increased by 39.6% year-on-year, reaching ₹157 crore compared to ₹112.6 crore in Q4 FY24. Revenue also grew by 7.9%, standing at ₹1,385 crore, up from ₹1,284 crore during the same period last year.
The company’s operational efficiency contributed to a 36.4% rise in EBITDA, which reached ₹176.7 crore from ₹129.5 crore in the previous year. EBITDA margins improved to 12.76% from 10.09%, reflecting enhanced cost management and favorable market conditions.
Additionally, Avanti Feeds’ board of directors has recommended a final dividend of ₹9 per equity share with a face value of ₹1 for FY25. This proposal is subject to shareholder approval at the upcoming annual general meeting, after which the dividend will be distributed within the prescribed timeframe.
Avanti Feeds shares opened at ₹900.00, and, at the time of writing, reaching a high of ₹928.75 and a low of ₹900.00 during the trading session. The stock is currently trading below its 52-week high of ₹964.20 but remains well above its 52-week low of ₹486.45.
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