Avanti Feeds profit rises on strong shrimp feed margins

Avanti Feeds reported a strong Q3 FY'25 performance, with consolidated profit before tax (PBT) rising to INR 184 crores, a 59% increase from INR 116 crores in Q3 FY'24. This growth was fueled by a 9.17% increase in gross income, reaching INR 1,405 crores. The company's shrimp feed division saw sales volume of 132,049 MTs, generating a PBT of INR 166 crores, up 118% year-over-year. Lower fish meal and soyabean meal prices contributed to improved profitability.