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 Limited conducted its 33rd Annual General Meeting on August 14, 2026, where shareholders approved financial statements, director appointments, and dividend declaration.
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.