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?
Subscribe To Our Free Newsletter |