Avanti Feeds Limited has informed the Exchange about change in the Chief Financial Officer of the Company
AVANTIFEED · price
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Avanti Feeds Board approved audited financial results for Q4 and FY26. Consolidated revenue grew to Rs. 6,276.46 crore (up 9% YoY) with net profit of Rs. 656.80 crore (up 18% YoY). EPS stands at Rs. 44.48. The Board recommended a dividend of Rs. 10 per share. In a key management change, Mr. C. Ramachandra Rao relinquished his CFO role and Mrs. B. Santhi Latha, currently General Manager Finance & Accounts, has been elevated as CFO effective June 1, 2026 as part of succession planning. Mr. Rao continues as Joint Managing Director and Company Secretary. The Board also re-appointed Dr. A. Indra Kumar as Chairman & Managing Director for 5 years and Mr. C. Ramachandra Rao as JMD & CS for another 5 years from April 2027.
Strong financial performance with 18% profit growth is positive for shareholders. The CFO transition appears to be smooth internal succession planning rather than a distress departure, which should provide comfort to investors about management continuity.