Avanti Feeds reports strong Q1 FY26 results despite tariff challenges

Avanti Feeds Limited reported a gross income of INR 1,657 crore for Q1 FY26, a 15.7% increase from INR 1,432 crore in Q4 FY25 and a 7.7% rise from INR 1,538 crore in Q1 FY25. Profit Before Tax (PBT) for Q1 FY26 reached INR 249 crore, up 18% from INR 211 crore in Q4 FY25 and a substantial 38% increase from INR 180 crore in Q1 FY25. The feed division's gross income rose to INR 1,279 crore, with sales increasing to 165,564 metric tons in Q1 FY26.

The company's shrimp processing division also saw robust performance, with gross income growing 56% year-on-year to INR 378 crore in Q1 FY26. Sales volume increased by 1,440 metric tons to 4,223 metric tons compared to Q1 FY25. Avanti Feeds is actively expanding its pet care project, having successfully launched cat food in January 2025 and dog food in August 2025, with plans for e-commerce operations by September 2025.

However, the company faces headwinds due to the U.S. levying reciprocal tariffs of 50% on shrimp imports, which came into effect on August 27. Despite this, Avanti Feeds is actively diversifying its export markets to countries like Japan, Korea, the European Union, and the Middle East, while also promoting domestic shrimp consumption to mitigate the impact.