Shares of Avanti Feeds Limited surged over 5% after the company reported a steady performance for the quarter ended December, with growth in profitability and margin expansion despite modest revenue gains.
The company posted a net profit of ₹149.4 Cr for Q3, marking a 10.5% increase compared with ₹135.2 Cr in the same quarter last year. The improvement in bottom-line performance reflects better operational efficiency and stable demand conditions in the aquaculture segment.
Revenue from operations rose 1.3% year-on-year to ₹1,383 Cr, compared with ₹1,365 Cr in the corresponding quarter of the previous financial year. While top-line growth remained moderate, improved cost management supported stronger earnings growth.
EBITDA for the quarter stood at ₹176 Cr, up 9.4% from ₹160.8 Cr in Q3 last year. Operating performance showed resilience, with EBITDA margin expanding to 12.7% from 11.8% on a year-on-year basis. The margin improvement indicates better realisations and controlled input costs during the period.
