Avanti Feeds Stock Soars After Q3 Profit Jumps 87%

Shares of

surged over 3% to close at Rs 741.45 on February 10th following the release of its impressive third-quarter financial results. The company reported a substantial 87% year-on-year increase in net profit, reaching Rs 135.21 crore for Q3 FY25, compared to Rs 72.47 crore in the same period last year. The strong performance was driven by robust revenue growth. Avanti Feeds' revenue from operations climbed nearly 9% to Rs 1,365.77 crore in Q3 FY25, up from Rs 1,253.23 crore in Q3 FY24. The company's Q3 results, released just before market close on February 10th, triggered an immediate surge in the stock price. Investors reacted positively to the significant profit jump and revenue growth, pushing the shares to a new closing high. The strong performance reflects the company's continued success in the aquaculture industry.