Stock Report

Avanti Feeds Ltd reports jump in Q3FY23 consolidated PAT to Rs. 62.45 crores



Posted On : 2023-02-12 20:52:40( TIMEZONE : IST )

Avanti Feeds Ltd reports jump in Q3FY23 consolidated PAT to Rs. 62.45 crores

Avanti Feeds Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1131.7451 crores during the period ended December 31, 2022 as compared to Rs. 1348.5853 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 62.4506 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 56.6150 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 4.58 for the period ended December 31, 2022 as compared to Rs. 4.16 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹1131.7451 crs ₹1348.5853 crs Up Tick / Down Tick-16.08%
Net Profit ₹62.4506 crs ₹56.6150 crs Up Tick / Down Tick10.31%
EPS ₹4.58 ₹4.16 Up Tick / Down Tick10.10%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.1131.7451 crores during the period ended December 31, 2022 as compared to Rs.1087.5149 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.62.4506 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.40.1932 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.4.58 for the period ended December 31, 2022 as compared to Rs.2.95 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹1131.7451 crs ₹1087.5149 crs Up Tick / Down Tick4.07%
Net Profit ₹62.4506 crs ₹40.1932 crs Up Tick / Down Tick55.38%
EPS ₹4.58 ₹2.95 Up Tick / Down Tick55.25%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.4061.9542 crores during the 9 Months period ended December 31, 2022 as compared to Rs.3769.1593 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.185.3301 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.137.2197 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.13.60 for the 9 Months period ended December 31, 2022 as compared to Rs.10.07 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹4061.9542 crs ₹3769.1593 crs Up Tick / Down Tick7.77%
Net Profit ₹185.3301 crs ₹137.2197 crs Up Tick / Down Tick35.06%
EPS ₹13.60 ₹10.07 Up Tick / Down Tick35.05%

Shares of Avanti Feeds Limited was last trading in BSE at Rs. 388.45 as compared to the previous close of Rs. 387.10. The total number of shares traded during the day was 5034 in over 502 trades.

The stock hit an intraday high of Rs. 391.00 and intraday low of 386.10. The net turnover during the day was Rs. 1956095.00.

Source : Equity Bulls

Keywords

AvantiFeeds Q3FY23 9MFY23 ResultUpdate