Avanti Feeds Acquisition Worth ₹28.55 Cr
Avanti Feeds will invest Rs. 28.55 Crore to acquire a stake in Thai Union Feedmill Ecuador S.A.S., a newly incorporated aquaculture feed entity in Ecuador.
- Value
- ₹28.55 Cr
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Avanti Feeds will invest Rs. 28.55 Crore to acquire a stake in Thai Union Feedmill Ecuador S.A.S., a newly incorporated aquaculture feed entity in Ecuador.
Avanti Feeds Limited incorporated a new entity, Thai Union Feedmill Ecuador S.A.S., in Ecuador. The company acquired a 10% stake in the entity via share subscription.
Q1FY27 consolidated gross income rose 19% YoY to INR 1,966 crores, though PBT fell 37% to INR 157 crores due to sharp raw material inflation in fish and soya bean meal.
Avanti Feeds reported Q1FY27 revenue growth of 18.3% YoY to ₹18,999 Mn, driven by shrimp feed volumes, though PAT fell 37.4% due to high raw material costs.
Avanti Feeds Ltd reported revenue from operations of ₹1,900 Cr (+18.3% YoY) and net profit of ₹116.3 Cr (-37.4% YoY) for Q1 FY27.
Avanti Feeds Q4FY26 results show consolidated revenue of ₹1,515cr, up 5.86% YoY. Management focuses on expanding value-added shrimp processing and scaling the new pet care vertical.
Avanti Feeds Ltd reported revenue from operations of ₹1,468 Cr (+6.2% YoY) and net profit of ₹138.9 Cr (-11.6% YoY) for Q4 FY26.