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Avanti Feeds Ltd. manufactures and sells shrimp feed, and exports processed shrimp.
Avanti Feeds' Q1 FY27 consolidated gross income rose to INR 1,966 Cr (+30% QoQ, +19% YoY), but PBT fell to INR 157 Cr (-15% QoQ, -37% YoY) due to steep raw material price hikes. Feed sales volume increased, but margins compressed (PBT 7.06%). Shrimp processing saw stable PBT despite lower...
Avanti Feeds' Q1 FY27 results present a mixed picture. 1. **Business Performance:** Consolidated revenues climbed 18.3% YoY to Rs 1,899.9 Cr, significantly boosted by a strong 26.8% YoY volume growth in the Shrimp Feed business, which generated Rs 1,566.1 Cr. However, overall profitability suffered, with Profit After Tax (PAT) falling...