Avanti Feeds Limited has informed the Exchange about General Updates
AVANTIFEED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Avanti Feeds reported FY2026 consolidated net profit of Rs. 6,558.22 lakh, up 17.7% from Rs. 5,570.52 lakh in FY2025. Total revenue grew to Rs. 60,658.58 lakh from Rs. 55,986.93 lakh. The Board recommended a final dividend of Rs. 10 per share. Key leadership changes include the re-appointment of Dr. A. Indra Kumar as Chairman & Managing Director for another 5 years (July 2026 to June 2031), and succession planning in finance where Mr. C. Ramachandra Rao relinquished his CFO role (while continuing as JMD and Company Secretary) and Mrs. B. Santhi Latha, GM Finance & Accounts, was elevated as new CFO effective June 1, 2026. An exceptional item of Rs. 1,297.08 lakh represents impairment loss on the company's investment in Patikari Power Private Limited (hydel power associate), following infrastructure damage from a cloudburst in July 2025.
Strong financial performance with profit growth and stable dividend. Leadership succession in finance department is orderly and internal, minimizing governance risk. No major red flags for investors.