Is year on year no growth in revenue any cause of worry?
q2fy15 - 532 cr
q2fy16 - 533 cr
Avanti has also shown decrease on cost of material consumed
q2fy15 - 429 cr
q2fy16 - 405 cr
which resulted in 29% YoY growth in Net Profit.
I tried to compare these number with only other listed feed company Waterbase but this does not look like industry trend
revenue
q2fy15 - 82 cr
q2fy16 - 99 cr
cost of material consumed
q2fy15 - 42 cr
q2fy16 - 48 cr
Any insights?
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