Avanti Feeds Q4FY23 Results: Consolidated PAT Rises to Rs 93.34 Cr

Avanti Feeds Q4FY23 Results Consolidated PAT Rises to Rs 93.34 Cr

Avanti Feeds Limited. Q4 results show revenue fell from 1131.74 to 1117.05 crores, a 1.30% decrease in growth. EPS also rise from ₹4.58 to ₹6.85, up by 49.56%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Avanti Feeds Ltd. shared its Q4 results on Wednesday. They earned 1117.05 crores in revenue this quarter, but that’s less than the 1131.74 crores they made last quarter. Unfortunately, the company’s growth decreased by 1.30 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 93.34 crores, up from 62.45 crores in the previous quarter. Their quarter-to-quarter growth inclined by 49.46 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹6.85, which is an increase of 49.56% from the ₹4.58 EPS in the previous quarter.

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Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 5179.00 crores this year (2023), which is 1.20 percent higher than last year’s total revenue of 5117.62 crores.

This year’s PAT (Profit After Tax) is 278.67 crores, which is also 25.77% higher than last year’s PAT of 221.57 crores.

The EPS (Earnings Per Share) for this year is ₹20.45, which is 25.77% more than the EPS of ₹16.26 earned last year.

Avanti Feeds Share Dividend Announcement / Record Date:

The Board of Directors has declared a Final Dividend of ₹6.25 per Equity Share of Face Value of ₹1 for each of the Company (625% of Face Value). Total Dividend for FY23 stood at ₹6.25 per Equity Share (Interim Dividend of ₹1 per Equity Share)

DividendRecord Date
₹6.25 per Equity ShareComing Soon

The record date for the dividend has not arrived yet.

About Avanti Feeds:

Avanti Feeds Ltd (Avanti) is a renowned manufacturer and exporter of aqua feeds. They specialize in producing and distributing feeds for prawns, shrimps, scampi, and fish. In addition, Avanti offers an extensive range of shrimp processing and export products, including raw shrimps, shrimp rings, fish meals, cooked shrimps, skewers, and marinated products.

Download Full PDF Q4 Results: Click Here

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