Avanti Feeds lifts profit 18% and names new CFO
The company posted a consolidated net profit of ₹65.68 crore for FY26. The board also declared a dividend of ₹10 per share.
What's new
- Consolidated net profit rose to ₹65.68 cr from ₹55.71 cr.
- Revenue grew 9% to ₹627.89 cr.
- B. Santhi Latha takes over as CFO on June 1, 2026, succeeding C. Ramachandra Rao.
Why this matters
The results show steady growth in a stable business. The dividend of ₹10 per share on a face value of Re.1 is a generous payout for shareholders.
What we're watching
- Whether the new CFO maintains the current financial trajectory.
- The impact of the dividend payout on corporate cash reserves.
- Any further details on the long-term strategy under the re-appointed CMD.
The full read
Avanti Feeds delivered a steady performance for the year ended March 31, 2026, with consolidated net profit climbing 18% to ₹65.68 crore. Revenue followed a similar upward trend, rising 9% to ₹627.89 crore. Alongside the financial results, the board approved a final dividend of ₹10 per share on a face value of Re.1. Leadership changes are also underway, with Dr. A. Indra Kumar re-appointed as Chairman and Managing Director for another five-year term. Meanwhile, the company is executing a CFO succession plan; C. Ramachandra Rao will step down on June 1, 2026, to be replaced by B. Santhi Latha. These moves reflect a stable, predictable transition for the business.
Questions answered
- What was the financial performance for FY26?
- Avanti Feeds reported a consolidated net profit of ₹65.68 crore, an 18% increase over the previous year's ₹55.71 crore. Revenue also rose to ₹627.89 crore from ₹576.58 crore.
- What is the dividend payout?
- The board recommended a final dividend of ₹10 per equity share. The face value of each share is Re.1.
- Who is the new CFO?
- B. Santhi Latha has been appointed as the new CFO. She replaces C. Ramachandra Rao, who is stepping down as part of a succession plan effective June 1, 2026.
- What happened to the leadership team?
- Dr. A. Indra Kumar was re-appointed as Chairman and Managing Director for a five-year term.