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Latest news about Avanti Feeds

Avanti Feeds Reports 38.9% Jump in Quarterly Profit to Rs 168.79 Crore 3 days ago

Avanti Feeds Limited has reported strong financial results for Q2 FY2024. Consolidated net profit increased by 38.9% to Rs 168.79 crore, while revenue from operations grew by 19% to Rs 160.97 crore. The company's standalone net profit rose to Rs 135.05 crore. The Board approved a Euro 10,000 contribution to its Netherlands subsidiary, Sealuxe B.V., and an unsecured loan of Euro 40,000 for initial revenue expenditures. Earnings per share improved to Rs 11.25 from Rs 8.34 on a consolidated basis.

Indian Shrimp Exporters Surge on Potential US Trade Deal Oct 23, 2025

Avanti Feeds Expands Global Footprint with New Dutch Subsidiary SEALUXE B.V. Oct 22, 2025

Avanti Feeds Expands to Netherlands, Divests Windmills in Strategic Move Sep 12, 2025

Avanti Feeds Poised to Benefit as Frozen Shrimp Leads India's Seafood Exports Aug 25, 2025

More news about Avanti Feeds

23Aug 25

Indian Frozen Shrimp Exports Soar to $5.17 Billion, Dominating Seafood Sector

India's seafood export sector has seen a significant boost, with frozen shrimp leading the way. Frozen shrimp exports have generated $5.17 billion in revenue, accounting for 43.67% of total export quantity and 69.46% of total seafood export revenue. The United States and China are the primary importing markets for Indian frozen shrimp, indicating strong demand in these major economies. This success highlights India's strong position in shrimp farming and processing, meeting international standards and potentially boosting the country's economy and employment in coastal regions.

18Aug 25

India Seeks New Markets for Seafood Exports Amid US Tariff Challenges

The Indian government has initiated diplomatic efforts to expand seafood export markets in response to a 50% duty imposed by the United States. India is negotiating with Japan, China, and the United Kingdom to boost seafood exports. This move aims to mitigate the impact on companies like Avanti Feeds and the broader Indian seafood export industry. The initiative seeks to create alternative avenues for Indian seafood products and potentially offset losses from US tariffs. The outcome of these negotiations could significantly reshape the export landscape for Indian seafood producers.

13Aug 25

Avanti Feeds Reports Robust Q1 Results with 34% EBITDA Surge

Avanti Feeds Limited, a leading aquaculture company, has reported robust Q1 financial results. The company's consolidated revenue grew by 6.86% to ₹1,606.36 crore. EBITDA jumped 34% to ₹214.00 crore, with the EBITDA margin expanding to 13.33%. Net profit surged by 36.92% to ₹178.00 crore. The shrimp feed segment generated ₹1,231.45 crore in revenue, while the processed shrimp segment contributed ₹371.16 crore. The company's EPS (Basic & Diluted) increased by 39.11% to ₹13.09.

10Aug 25

Avanti Feeds Grapples with $2 Billion Shrimp Export Challenges Amid Tariff Hikes

Avanti Feeds, a major Indian shrimp industry player, is experiencing significant challenges in its $2 billion export operations due to recent tariff increases. The company, known for shrimp feed and processed products, is navigating a difficult period that could impact its financial performance. The broader shrimp export sector is also affected, with a seafood export group seeking immediate financial support. These tariff hikes are creating operational hurdles for Avanti Feeds, potentially influencing its production, distribution, and market expansion strategies.

31Jul 25

Avanti Feeds and Indian Shrimp Exporters Brace for Potential US Tariff Hike

Former US President Donald Trump announced plans for increased tariffs on Indian imports, including a 25% tariff and an unspecified penalty for countries doing business with Russia. This could significantly impact Indian shrimp exporters like Avanti Feeds, Waterbase, and Apex Frozen Foods, who heavily rely on the US market. India holds a 20% share of the global shrimp market, with 48% of its shrimp exports going to the US. The proposed tariff hike from the current 17.70% to 25% has already affected stock prices, with Avanti Feeds down 6% and Waterbase down 3.3% over the past month.

29May 25

Avanti Feeds: Q4 Profit Surges 40%, Margin Improves

Avanti Feeds Ltd has reported a significant increase in its Q4 FY2023 financial results. The company's consolidated net profit rose by 39.60% to ₹157.00 crore, while revenue increased by 7.90% to ₹1,385.00 crore. EBITDA also saw a substantial jump of 36.40% to ₹176.70 crore. The board has recommended a final dividend of ₹9.00 per equity share for FY25.

28May 25

Avanti Feeds Reports Strong Q4 Performance: Net Profit Soars 46%, Declares ₹9 Dividend

Avanti Feeds Limited has reported strong Q4 results with a 46% year-over-year increase in consolidated net profit to ₹152.00 crore. Revenue grew by 8.2% to ₹1,385.00 crore, while EBITDA jumped 36.2% to ₹177.00 crore. The company's EBITDA margin expanded to 12.76% from 10.09%. Avanti Feeds has recommended a dividend of ₹9.00 per equity share.