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Avanti Feeds standalone net profit rises 32.78% in the March 2016 quarter

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Capital Market

Sales rise 22.55% to Rs 463.73 crore

Net profit of Avanti Feeds rose 32.78% to Rs 29.57 crore in the quarter ended March 2016 as against Rs 22.27 crore during the previous quarter ended March 2015. Sales rose 22.55% to Rs 463.73 crore in the quarter ended March 2016 as against Rs 378.41 crore during the previous quarter ended March 2015.

For the full year,net profit rose 33.18% to Rs 155.26 crore in the year ended March 2016 as against Rs 116.58 crore during the previous year ended March 2015. Sales rose 13.17% to Rs 1995.30 crore in the year ended March 2016 as against Rs 1763.10 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales463.73378.41 23 1995.301763.10 13 OPM %10.279.74 -11.5110.27 - PBDT52.4537.90 38 246.43187.61 31 PBT50.4535.66 41 237.08178.81 33 NP29.5722.27 33 155.26116.58 33

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First Published: May 21 2016 | 5:41 PM IST

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