Avanti Feeds has jumped over 8% in share price today, after posting June quarter results showing both revenue and net profit growth that beat estimates, with net profits rising over 12% YoY and revenues up 5.1% YoY. The company saw EBIDT rise 6.1% YoY, while operating profit margins showed a small decline, down 1.4% compared to the same quarter last year. 

Avanti Feeds management was bullish on growth in its recent earnings call, noting that farmgate prices were improving compared to the previous quarter, with rising prices internationally and at farms encouraging yields and higher investments at the last mile.  

The full results dashboard.