Shares of Avanti Feeds Ltd surged 7% on 29 May after the company announced its earnings for January-March. 

Avanti Feeds reported a 39.6% year-on-year (Y-o-Y) increase in profit after tax (PAT) to Rs 157.19 crore in Q4FY25, up from Rs 112.6 crore in Q4FY24. This was attributed to increased revenue, lower raw material costs, and improved overhead absorption.

Revenue from operations rose to Rs 1,385 crore from Rs 1,238 crore. Earnings before interest, tax, depreciation, and amortisation (Ebitda) margins rose to 12.76% from 9.88%.

Despite trade uncertainty, India’s shrimp business continues to lead in the United States, owing to supply reliability and expanding worldwide demand. India is the US’s top shrimp supplier, accounting for 37% of imports in calendar year 2024.

Avanti Feeds’ attempts to diversify into higher-growth product areas and markets will reap long-term benefits. Analysts report that the Government of India (GoI) aims to quadruple exports to Rs 1 trillion and prioritises industry support.

The board has recommended a final dividend of Rs 9 per equity share with a face value of Rs 1 for the fiscal year ended 31 March 2025, subject to shareholder approval at the company’s upcoming AGM. The dividend will be credited / warrants issued within defined time frames following the conclusion of the AGM.

Avanti Feeds operates the Vannamei hatchery, manufactures high-quality shrimp feed, and processes and exports shrimp. The company began commercial operations in 1993 and is today the top manufacturer of shrimp feed.

At 12:55 pm, the shares of Avanti Feeds were trading 2.61% higher at Rs 885.20 on NSE.

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