Avanti Feeds Ltd Q1FY23 consolidated PAT lower at Rs. 66.26 crores

Avanti Feeds Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1581.6238 crores during the period ended June 30, 2022 as compared to Rs. 1348.4699 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 66.2645 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 84.3546 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 4.86 for the period ended June 30, 2022 as compared to Rs. 6.19 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 1581.6238 crs	₹1348.4699 crs	17.29%
Net Profit	₹66.2645 crs	₹84.3546 crs	-21.45%
EPS	₹4.86	₹6.19	-21.49%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 1581.6238 crores during the period ended June 30, 2022 as compared to Rs.1430.0691 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.66.2645 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.72.9079 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.4.86 for the period ended June 30, 2022 as compared to Rs.5.35 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 1581.6238 crs	₹1430.0691 crs	10.60%
Net Profit	₹66.2645 crs	₹72.9079 crs	-9.11%
EPS	₹4.86	₹5.35	-9.16%

Shares of Avanti Feeds Limited was last trading in BSE at Rs. 464.00 as compared to the previous close of Rs. 514.05. The total number of shares traded during the day was 101102 in over 5110 trades.

The stock hit an intraday high of Rs. 518.60 and intraday low of 458.90. The net turnover during the day was Rs. 48482108.00.

Source : Equity Bulls

Keywords

AvantiFeeds Q1FY23 ResultUpdate