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Avanti Feeds standalone net profit rises 173.39% in the March 2017 quarter

Capital Market 

Sales rise 37.95% to Rs 639.73 crore

Net profit of rose 173.39% to Rs 80.84 crore in the quarter ended March 2017 as against Rs 29.57 crore during the previous quarter ended March 2016. Sales rose 37.95% to Rs 639.73 crore in the quarter ended March 2017 as against Rs 463.73 crore during the previous quarter ended March 2016.

For the full year,net profit rose 25.81% to Rs 195.33 crore in the year ended March 2017 as against Rs 155.26 crore during the previous year ended March 2016. Sales rose 31.79% to Rs 2629.58 crore in the year ended March 2017 as against Rs 1995.30 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales639.73463.73 38 2629.581995.30 32 OPM %19.4610.32 -11.7311.54 - PBDT126.4852.45 141 323.79246.43 31 PBT123.2250.45 144 312.27237.08 32 NP80.8429.57 173 195.33155.26 26

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 15 2017. 17:40 IST
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