Avanti Feeds delivered a mixed quarter with a significant year-on-year increase in PBT for its shrimp processing division but faces margin pressure in its core feed business due to a steep rise in raw material costs and volatile farm-gate prices.
- Gross Income (Shrimp Processing)
- ₹350 Cr-22%
- PBT before exceptional items (Shrimp Processing)
- ₹45 Cr+80%
Profitability surged due to higher shrimp realizations and cost efficiencies, partially offset by volume declines from labor shortages and shipping disruptions.
- Net Revenue
- ₹257 Crflat
- EBITDA
- ₹33 Cr79%
A challenging quarter due to a weak monsoon and one of the shortest sowing windows in recent seasons impacted sales, but the underlying growth story remains intact with strong adoption of new hybrids and a focus on research.
- Revenue from operations
- ₹815 Cr
- EBITDA
- ₹285 Cr
Manorama delivered robust growth by crossing Rs 400 crore quarterly revenue and EBITDA for the first time, driven by higher value-added product mix and expanded capacity.
- Revenue
- ₹404 Cr39.5%
- EBITDA
- ₹106 Cr42.2%
The company navigated a quarter with restructuring of its CPG segment, closure of a refinery, and a focus on working capital and cost efficiencies amid a recovering sugar price environment.
- Sugar Sales Volume
- 0.89 LMTup from 0.56 LMT
- Sugar Revenue
- ₹410 Crup from ₹347 Cr
Stable revenue and a 16% PAT increase driven by growth in high-margin patented products and improved gross margins, despite export headwinds.
- Revenue
- ₹386 Cr
- PAT
- ₹26.4 Cr16%
A delayed monsoon impacted first-quarter performance, but the company expects recovery as agricultural activity normalizes, supported by its focus on premium products and strategic investments.
- Revenue from operations
- ₹612 Cr-12%
- Gross Profit
- ₹193.16 Cr-4%
The company delivered solid Q1 growth in revenue and EBITDA margin despite geopolitical headwinds, while securing significant solar EPC orders and commissioning a new manufacturing facility for future efficiency gains.
- Total Income
- ₹81.66 Cr16.3%
- EBITDA
- ₹9.86 Cr26.7%