Avanti Feeds ltd. — Interim / Quarterly Report 2021

Feb 4, 2021

**,...**� **Avanti a**1 Feeds Limited

4th February, 2021

Ref: AFL/BSE & NSE/2020-21/

To, The Deputy General Manager, BSE Limited, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Mumbai - 400 001.

BSE Code: 512573

The Listing Manager, National Stock Exchange India Ltd., Exchange Plaza, Sandra (East), Mumbai - 400 051.

NSE Code: AVANTIFEED

Dear Sir,

Sub: AVANT! FEEDS LIMITED - Information to the Stock Exchanges on the decisions of the Board Meeting held on 04.02.2021 - Reg.

In pursuance of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, we are to inform that the Board of Directors of our Company at its meeting held on 04.02.2021 approved the Un-Audited Financial Results for the quarter and nine months period ended 31.12.2020.

Please find enclosed un-audited financial results (Standalone & Consolidated) for the quarter ended 31.12.2020 along with the Limited Review Report from the Independent Auditors.

The Board meeting held on 04.02.2021 commenced at 11.00 A.M. and concluded at 01 :30 P.M.

Thanking you.

Yours faithfully, for Avanti Feeds Limited

-�C. R.�ama�chand�ra Rao �

Joint Managing Director, Company Secretary & CFO

Corporate Office: G-2. Concorde Apartments, 6-3-658. Somajiguda, Hyderabad-500082, Telangana State, India. .+91140123310260/61 a +91140123311604 www.avantifeeds.com avantiholclavanlifeeds.com

Registered Office: Flat No.103, Ground Floor, R Square. Pandurangapuram, Visakhapatnam - 530003. Andhra Pradesh, India. CIN: L 16001AP1993PLC095778

TOKARAM s CO LLP CHARTERED ACCOUNTANTS

Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To The Board of Directors of AVANTI FEEDS LIMITED

• 1. We have reviewed the accompanying Statement of· Unaudited Consolidated Financial Results of AVANTI FEEDS LIMITED ("the parent") and its subsidiaries (the parent and its subsidiaries together referred to as "the Group"), for the quarter ended December 31, 2020 and year to date from April 01, 2020 to December 31, 2020 ("the Statement") attached herewith, being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Regulation"), read with SEBI Circular No. CIR/CFD/CMDl/80/2019 dated July 19, 2019 ("the circular"). 2. This.Statement, which is the responsibility of the parent's Management and approved by the Parent's
• Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, ("Ind AS 34") "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India read with the circular. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements
• (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. A· review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified
• in an audit. Accordingly, we do not express an audit opinion. 4. We also performed procedures in accordance with the Circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended, to

ofNathemecompany	Cotruny	Relatiohinsp
AvtiFrFdsPrivatLimitedanozenooe	India	Subsidiary
frAvtiFds, Ianozenoonc	USA	St-dSubsidiaepownry
SrivhsPoPrivLimitedatPjectatawerero	India	Aiatessoc
PatikariPoLimitedrivatwerpe	India	Aiatessoc

the extent applicable. The statement includes the results of the following entities:

04/02/2021

3-6-69, Flat No. 209, Venkatarama Towers, Opp. Talwalkars, Basheerbagh, Hyderabad - 500 029. E-mail : tukaramco@gmail.com

• 1. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review report of other auditor referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Regulation 33 of the Listing Regulations, read with the circular including the manner in which it is to be disclosed, or that it contains any material misstatement.
• 1. We did not review the interim financial information/financial results of two subsidiaries included in the consolidated unaudited financial results, whose interim financial information/financial results reflect total revenue of Rs.67,557.06 Lakhs, total net profit after tax of Rs.9,207.98 Lakhs and total comprehensive income of Rs.9,194.37 Lakhs for the period ended December 31, 2020 and total revenue of Rs.24,811.51 Lakhs, total net profit after tax of Rs.2,804.12 Lakhs and total comprehensive income of Rs.2,799.58 Lakhs for the quarter ended December 31,2020 as considered in the consolidated unaudited financial results. The consolidated unaudited financial results also include the Group's share of net loss of Rs.56.75 lakhs for the period ended December 31, 2020 and net loss of Rs.67.97 Lakhs quarter ended December 31, 2020, as considered in the consolidated unaudited fin a ncia I rosu Its, in respect of two associates, whose interim. financia I information/ financial resu Its have not been reviewed by us. These interim financial information/financial results have been reviewed by other auditors, whose reports have been furnished to us by the Management and our conclusion on the statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries and associates is based solely on the reports of the other auditors anti procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of the above matter.

For TU KARAM & CO LLP Chartered Accountants (Fi rm Registration No.0044365)

� -

(RAJENDER REDDY K) Partner M.No.231384 UDIN: 21231834AAAAAJ3770

Place: Hyderabad Date: 04/02/2021

04/02/2021

Statement of Consolidated unaudited Financial Results for the Quarter and Nine months Ended December 31, 2020

		(RInlakhless.s,un					thvlsted)tas oene s
			QuEndedterar		Nithnemon	ndeds E	ndedYeEar
SI.No	Paicularrts	Dee 31,2020	Se30, 2020pt	Dec 31,2019	Dec 31,2020	c 31,2019De	ch31,2020Mar
		Unditedau	ditedUnau	didUnteau	ditedUnau	ditedUnau	Audited
I	Income
	(a)frRtioevenueomoperans	91,543.23	1,13,162.17	92,268.85	3,00,245.41	3,08,048.34	4,IJ,529.15
	thinc(b) Oerome	2,822.22	1,873.74	1,960.15	7,431.83	5,861.48	7,023.47
	l inTotacome	94,365.45	1,15,035.91	94,229.00	3,07,677.24	3,13,909.82	4,18,552.62
2	Expenses
	(a)f mrialsedCt oateosconsum	75,217.99	82,780.21	,954.7177	2,36,169.43	2,51,351.10	3,29,936.68
	(a)haf Biological Aetspurcseoss	35.87	-		35.87
	(b) Chaininvrieffinishedds&toens ongesgoo	(3,900.86)	3,739.61	(1,725.84)	(4),908.17	(64),266.2	(3,)519.81
	rk-inwo-progress
	(c)loybefiEtsmpeeenexpense	2,934.38	3,576.71	2,451.03	9,571.62	8,515.89	11,351.49
	( d)Fitnance cosDciatio&tisati	48.6469.25	20.23	67.50	94.80	130.93	198.79
	(e)amoroneprenexpensethO	1,132.65	955.4828.11	913.05	3,067.77	2,810.95	3,770.67
	(f)erexpensesTol eta	8,083,537.92	7,798,800.35	7,246.56867.01	21,906.5637.88	21,521.02	28,370.17
3	xpensesofitbefortiol is &she iPre tteax, excepnamarn			,90	2,65,9	2, 78,063.65	3,70,107.99
	f Aiatofit ossocespr	10,827.53	16,235.56	7,321.99	41,739.36	35,846.17	48,444.63
4	Add:Shf pfit/(ls)ofciatesare oassoroos	(67.97)	(13.65)	(16.69)	(56,75)	40.12	41.40
5	ofit befl indPrtiotetaore ems axxcepna	10,759,56	16,221.91	7,305.30	41,682.61	35,886.29	48,486.03
6	iteExionalptcems			-
7	Profitbefore tax	10,759.56	16,221.91	7,305.30	41,682.61	35,886.29	48,486.03
8	Tax expense
	CuI.nttarrex	2,276.73	3,726.28	1,569.96	9,522.22	8,031.13	11,177.38
	2.Deferredtax	(137.20)	(6.15)	(149.77)	(560.66)	(902.16)	(l,319.94)
	l tTotaaxexpenses	2,139.53	3,720.13	1,420.19	8,961.56	7,128.97	9,857.44
9	foheNefitiodt pr troper	8,620.03	12,501.78	5,885.11	32,721.05	28,757.32	38,628.59
10	Otheehsive ie (f t)t or comprenncomneax	(162)3.1	18.68	(41.89)	(172.20)	(125.68)	(100.22)
JI	l cehsive iforthToiodtaomprenncomee per	8,456.91	12,520.46	5,843.22	32,548.85	28,631.64	38,528.37
12	fittributableNet Pattoro:
	• Owners	7,498.50	11,128.87	4,785.20	29,037.85	25,950.76	34,648.68
	ollinint- Nestntrerson-cog	1,121.53	1,372.90	1,099.91	3,683.20	2,806.56	3,979.91
	heincibutableOtehsivttrtor compreneome a:
	• Owners	(161)1.3	20.50	(41.02)	(166.76)	(123.08)	(93.91)
	olling i• Nntestntrerson-co	(l.81)	(1.82)	(0.87)	(5.44)	(2.60)	(6.31)
	tale iibutableTorehsivttrtocompenncome a:
	-Owners	7,337.19	ll,149.38	4,744.18	28,871.09	25,827.68	34,554.77
	intollinest• Nntrerson-cog	l,ll9.72	1,371.08	1,099.04	3,677.76	2,803.96	3,973.60
	11-idshaluf RPauitital (facupeqare cape ve oe.pery
13	she)ar	1,362.46	1,362.46	1,362.46	1,362.46	1,362.46	1,362.46
14	11-inshe (facaluf Rshe)Eae oe.rngsperare varper
	ic(a) B(inRs.)as	5.50	8.17	3.51	21.31	19.05	25.43
	(b) Diluted(in.)Rse	5.50	8.17	3.51	21.31	19.05	25.43
	Otheity(eludinaluatis)r eg revonquxcreserve						1,39,006.40
	the finaialltsSeinotetoe accompanyg nncresu

Notes:

The above Financial results have been prepared in accordance with Indian Accounting Standards as prescribed under section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and the Companies (Indian Accounting Standards) Amendment Rules, 2016.

2 The above unaudited results were reviewed by the Audit Committee at its meeting on January 29, 2021 and approved by the Board of Directors at its meeting held on February 4, 2021. The statutory auditors of the company has carried out a Limited Review of the above results

3 The Company has taken into account the possible impact ofCOVID-19 in preparation of the unaudited financial results including its assessment of recoverable value of its assets based on internal and external information for the quarter ended 31st December 2020. Based on the assessment done by the management of the Company, there is not much impact ofCOVID-19 on the results for the quarter ended December 31, 2020. The Company will be closely monitoring any material changes to future economic conditions.

4 Removal of the name of the wholly owned subsidiary of the Company "SV!MSAN Exports & Imports Pvt Ltd" u/s 248(2) of the Companies Act, 2013: The SVIMSAN has approached ROC for removal of its name from Register of Companies u/s 248(2) during Q4 of 2019-2020. All the necessary statutory procedures have been complied with and the removal of name by the ROC from the Register of Company is awaited. Since the process of removal of name by ROC is under progress, accounts ofSVIMSAN is not considered for consolidation.

5 Corresponding previous period figures have been regrouped/reclassified wherever necessary.

Corporate Office: G-2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad-500082, Telangana State, India. . +91 140) 23310260 /61 .!! +91 140) 23311604 (t11 www.avantifeeds.com

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avantihoraavantifeeds.com

Consolidated unaudiled Segment information for the quarter and Nine months ended Dec 31, 2020 as per regulation 33 ofSEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.

	(RlakhlesthwiInsts.suns oerse					ed)at
			ndedQuEterar		Ninemon	ths Ended	ndedYeEar
SI.No	Paiculartrs	Dec 31,2020	Se30,2020pt	Dec 31,2019	c 31,2020De	Dec 31,2019	Mch31,2020ar
		Unditedau	ditedUnau	ditedUnau	ditedUnau	Unditedau	Audited
I	Set Revenuegmen
	a)dShrimp Fee	67,677.72	89,637.76	65,749.67	2,35,050.50	2,39,634.80	3,16,093.82
	d Sb)Phrimrocessep	23,909.84	23,577.48	26,502.91	65,415.90	68,425.81	95,490.42
	c)Power	27.42	62.02	18.49	133.54	146.73	163.34
	Grales/iningatoss sopercome	91,614.98	1,13,277.26	92,271.07	3,00,599.94	3,08,207.34	4,11,747.58
	eIntt rerevenuesegmen	(71.75)	(115.09:	(2).22	(3)54.53	(159.00:	(218.43)
	frNet Ratievenueomoperons	91,543.23	1,13,162.17	92,268.85	3,00,245.41	3,08,048.34	4,11,529.15
2	t RltsSegmenesu
	eda)ShrimFep	5,860.16	10,531.32	2,707.86	25,889.71	23,330.48	31,802.65
	b)Pd Shrimrocessep	2,200.19	3,824.59	2,733.04	8,479.26	6,732.26	9,778.97
	c)Power	(6).40	26.14	( 11.56)	33.36	52.88	38.33
	Total	8,053.95	14,382.05	5,429.34	34,402.33	30,115.62	41,619.95
	Le: Interestss	48.64	20.23	67.50	94.80	130.93	198.79
	AddUn-AllotedIncofUn-Allobletcaomeneca
	Exnditupere	2,822.22	1,873.74	1,960.15	7,431.83	5,861.48	7,023.47
	l iAdd/(Ls): Etiotemsesxcepna	-	-	-	-	-	-
	Add/(Ls): Shaofofit/(Ls)ofityAedPrEntesreosquccou
	Investees	(67.97\	(13.65)	(16.69)	(56.75)	40.12	41.40
	l PfitefoToBTtaroreax	10,759.56	16,221.91	7,305.30	41,682.61	35,886.29	48,486.03
3	Set Aetsgmenss
	da)p FShrimee	76,975.44	61,384.48	84,552.78	76,975.44	84,552.78	80,232.61
	b)Pd Shrimrocessep	49,349.04	39,641.59	46,303.71	49,349.04	46,303.71	40,024.43
	c)Power	3,638.93	3,682.06	3,741.19	3,638.93	3,741.19	3,716.57
	d)alldUaten-oc	99,449.10	1,14,329.00	61,970.17	99,449.10	61,970.17	64,021.44
	Tol-e-ta	2,29,412.51	2,19,037.13	1,96,567.85	2,29,412.51	1,96,567.85	1,87,995.05
	t LiabilitieSesgmen
	eda)ShrimFep	29,687.96	26,461.85	30,643.06	29,687.96	30,643.06	19,412.50
	b)Pd Shrimrocessep	4,752.02	4,903.35	4,228.37	4,752.02	4,228.37	4,697.94
	c)Power	32.95	0.23	31.02	32.95	31.02	31.25
	d)Un-allotedca	3,129.91	4,318.88	3,873.97	3,129.91	3,873.97	4,376.01
	lTota	37,602.84	35,684.31	38,776.42	37,602.84	386.42,77	2817.70,5

Place : Hyderabad Date : February 4, 2021 DIN: 00190168

T(JKARAM & CO LLP CHARTERED ACCOUNTANTS

Independent Auditor's Review Report on Quarterly and Year to Date unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To The Board of Directors of AVANT! FEEDS LIMITED

We have reviewed the accompanying statement of unaudited standalone financial results of AVANTI FEEDS LIMITED ("Company"), having registered office at Flat No.103, Ground Floor, R Square, Pandurangapuram, Visakhapatnam - 530003, Andhra Pradesh, for the quarter ended December 31, 2020 and year to date results for the period 01 April 2020 to 31 December 2020 ("the statement"), attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 ('the Regulation') as amended, read with SEBI Circular No. CIR/CFD/CMDl/80/2019 dated July 19, 2019 ('the Circular'). This statement, which is the responsibility of the Company's management and approved by the Company's

Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ("Ind AS 34"), prescribed under section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, Our responsibility is to express a conclusion on the statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE)

2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. A review of lnterlm financial information consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit, accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that

the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ("Ind AS") specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of the Regulation, read with the Circular, including the manner in which it is to be disclosed, or that it contains any material misstatement.

ForTUKARAM & CO LLP Chartered Accountants (Firm Registration No.004436S)

(RAJ�EN��-- )

PARTNER M.No.231384 UDIN: 21231834AAAAAl4775

Place: Hyderabad Date: 04/02/2021

3-6-69, Flat No. 209, Venkatarama Towers, Opp. Talwalkars, Basheerbagh, Hyderabad - 500 029. E-mail : tukaramco@gmail.com

	(RlakhsnlthwiedInstats.ess oerse, u
			QuEndedterar		Ninemon	ths Ended	YeEndedar
SINo	Paiculartrs	c 31,2020De	Se30,2020pt	c 31,2019De	c 31,2020De	c 31,2019De	ch31,2020Mar
		ditedUnau	Unditedau	Undidteau	didUnteau	Unditedau	Audidte
1	Income
	Ree fa)ativenuromoperons	67,705.14	89,699.77	65,768.16	2,35,184.04	2,39,781.53	3,16,257.16
	b)Other income	1,952.57	1,781.16	1,584.14	5,497.80	4,724.21	6,061.81
	Tol intaecom	69,657.71	91,480.93	67,352.30	2,40,681.84	2,44,505.74	3,22,318.97
2	Expenses
	a)ofrialsedCostatemconsum	54,105.45	69,612.11	56,985.25	1,86,953.90	1,95,736.48	2,60,384.01
	b)Pche bbiologicaltsurasearerasse	35.87	-	-	35.87	-	-
	s iinvrief finished&orkinc)Chdstonens owangegoo
	progress	1,566.78	2,096.87	402.06	2,877.55	1,561.02	(l,585.67)
	d)ploe befiEmtsyeenexpense	2,3.7977	3,003.93	1,932.39	7,8.9575	7,003.27	9,339.93
	e)Finsts,.anceco	9.02	17.16	17.89	35.35	63.41	121.23
	&tisatiDeiationf)amoronprecexpense	523.09	519.30	491.12	1,564.92	1,564.56	2,098.56
	g)Other expenses	3,265.07	3,926.08	3,260.89	,0ll.5106	10,532.42	14,323.42
	Totalexpenses	61,883.07	79,175.45	63,089.60	. l O2,09,355	2,16,461.16	2,84,681.48
3	Profit befoionalitendpttareexcems ax	7,774.64	12,305.48	4,262.70	31,326.74	28,044.58	37,637.49
4	ionaliteExptcems	-	-	-	-	-	-
5	Profitbefore tax	7,774.64	12,305.48	4,262.70	31,326.74	28,044.58	37,637.49
6	Tax expenses
	I. Ct turrenax	1,714.27	3,021.24	1,042.36	7,658.00	6,685.70	9,321.45
	2.ferredDetax	186.19	90.53	78.02	8.26	(3)12.80	(283)1.6
	Totaltax expense	1,900.46	3,111.77	1,120.38	7,666.26	6,372.90	9,039.82
7	fitfoheNeiodt pr troper	5,874.18	9,193.71	3,142.32	23,660.48	21,671.68	28,597.67
8	Othee ie (f t)ehsivt or cncomneaxompren	(158.58'	23.21	(39.73)	(158.59)	(119.19)	(84.44)
9	tale iToheivncomecomprens	5,715.60	9,216.92	3,102.59	23,501.89	21,552.49	2813.23,5
10	idshluef RPauitpital(faI/-arevaoe.upeqycaceper
	she)ar	1,362.46	1,362.46	1,362.46	1,362.46	1,362.46	1,362.46
ll	Shaluf Rel/inPe (facshe)Eaerare orngse v- perar
	sicI}Ba(in Rs.)	4.31	6.75	2.31	17.37	15.91	20.99
	Diluted2)(iRs.)n	4.31	6.75	2.31	17.37	15.91	20.99
	he(eludinaluati)Otityr excg revonreservesqu						1,18,594.17
	ingthefiialltsSetetoe accompanynonancresu

Notes:

The above Financial results have been prepared in accordance with Indian Accounting Standards as prescribed under section I 33 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and the Companies (Indian Accounting Standards) Amendment Rules, 2016.

2 The above.Financial results were reviewed by the Audit Committee at its meeting on January 29, 2021 and approved by the Board of Directors at its meeting held on February 4, 2021.

• 3 The Company has taken into account the possible impact ofCOVID-19 in preparation of the unaudited financial results including its assessment of recoverable value of its assets based on internal and external information for the quarter ended 31st December 2020. Based on the assessment done by the management of the Company, there is not much impact of COVID-19 on the results for the quarter ended December 31, 2020. The Company will be closely monitoring any material changes to future economic conditions.
• 4 Removal of the name of the wholly owned subsidiary of the Company "SVIMSAN Exports & Imports Pvt Ltd" u/s 248(2) of the Companies Act, 2013: The SVIMSAN has approached ROC for removal of its name from Register of Companies u/s 248(2) during Q4 of 2019-2020. All the necessary statutory procedures have been complied with and the removal of name by the ROC from the Register of Company is awaited. Since the process of removal of name by ROC is under progress, accounts ofSVIMSAN is not considered for consolidation.

5 Corresponding previous period figures have been regrouped/reclassified wherever necessary.

Corporate Office: G-2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad-500082, Telangana State, India. .. +91 !40) 23310260/61 !!i +91 !40) 23311604 www.avantifeeds.com avantiholclavantifeeds.com

Registered Office: Flat No.103, Ground Floor, R Square, Pandurangapuram, Visakhapatnam - 530003, Andhra Pradesh, India. CIN: L 16001AP1993PLC095778

Standalone unaudited Segment information for the quarter and nine months ended December 31, 2020 as per regulation 33 of SEBI (Listing Obligations and Dis�losure Requirement) Regulations, 2015.

	inlakhsnlthwi<rs.uess oerse</r					ed)stat
		ndedOuENiterar			nemon	thndeds E
SINo	Paicularrts	Dec31,2020	Se30,2020pt	c 31,2019De	c 31 2020De	De2019c 31,	Mch31,ar2020
		ditedUnau	Unditedau	Undidteau	Unditedau	ditedUnau	ditedAu
I	t RSeevenuegmen				•
	a)Shrimp Fdee	67,6727.7	89,637.75	65,749.67	2,35,050.50	2,39,634.80	3,16,093.82
	b)WindPower	27.42	62.02	18.49	133.54	146.73	163.34
	al/froGrs SInionatosescomemopers	67,705.14	89,699.77	65,768.16	2,35,184.04	2,39,781.53	3,16,257.16
2	ltsSet Rgmenesu
	a)edShrimFep	5,837.49	1015.35,5	2,708.01	25,830.93	23,330.90	31,658.58
	b)indWPower	(6.40\	26.14	(11.56)	33.36	52.88	38.33
	,•Total	5,831.09	10,541.49	2,696.45	25,864.29	23,383.78	31,696.91
	Le: Interestss	9.02	17.16	17.89	35.35	63.41	121.23
	Add:AllocdofAlloblUIncUateetn-ome nn-cae
	Exnditupere	1,952.57	1,781.16	1,584.14	5,497.80	4,724.21	6,061.81
	Add/Letiol it: Essxcepnaems	-	-	-	-	-	-
	l PfitefToBe Ttaroorax	7,774.64	12,305.49	4,262.70	31,326.74	28,044.58	37,637.49
3	Set Atssse:gmen
	a)p FdShrimee	76,975.44	61,384.47	84,552.78	76,975.44	842.78,55	80,232.62
	indb)WPower	505.80	480.96	554.60	505.80	554.60	528.69
	c)Un-allocdate	1,00,543.41	1,08,145.49	7182.0,55	1,00,543.41	71,582.05	64,537.22
	l:Tota	1,78,024.65	1, 70,010.92	1,56,689.43	1,78,024.65	1,56,689.43	1,45,298.53
4	Set Liabilitiegmens
	a)ShrimedFep	29,687.96	26,461.86	30,643.06	29,687.96	30,643.06	19,563.37
	b)WindPower	32.95	0.23	31.02	32.95	31.02	31.25
	-allotedc)Unca	4,981.47	5,942.17	4,804.52	4,981.47	4,804.52	47.285,7
	Tol:ta	34,702.38	32,404.26	35,478.60	34,702.38	35,478.60	25,341.90

Place: Hyderabad Date : February 4, 2021 DIN: 00190168

I. Extract of consolidated unaudited Financial Results for the Quarter and nine months ended December 31, 2020

lesthwi(RInlakhstatuns oerses.s,
Paicularrts	QuterarEndedDec 31,2020	NithnemonsEndedDec 31,2020	QuterarEndedDec 31,2019	YeEndedarMch31,2020ar
	Undidteau	Unditedau	Undidteau	Audidte
talfr(Net)ToInOtiocomeomperans	91,543.23	3,00,245.41	92,268.85	4,1129.15,5
Net Pfitfthx &ites)eriod(befotaptiale proorreexceonm	10,759.56	41,682.61	7,305.30	48,486.03
fitfoheriod bef{aftetiol its)Net pr te tropeoraxr excepnaem	10,759.56	41,682.61	7,305.30	48,486.03
Nefitfoheriod afte(aftetiol its)t pr tr tropeaxr excepnaem	8,620.03	32,721.05	5,885.11	38,628.59
tale ie fthforthToCehsiveriod(cisiofiteriod(afte)r tncomore pe pomprenomprngprax
dothe ie (aft)rehsivtaxanerncomercompen	8,456.91	32,548.85	5,843.22	38,528.37
Shuite CitalEqaryap	1,362.46	1,362.46	1,362.46	1,362.46
healuatiOtity(eludins)r eg revonreservequxc				1,39,006.40
EainPSh(afterdinits)(faluf R1/-ch)xtrrngserarer eaoaryemcevae oeea
sicBa	05.5	21.31	3.51	25.43
Diluted	5.50	21.31	3.51	25.43

Note:

1. Additional infonnation on Standalone unaudited Financial Results is as follows:

		(Rs.	lakhlesIns,un	thwied)stats oerse
rtilarPacus	QuterardedEnDec 31,2020	NithnemonsdedEnDec 31,2020	QuterardedEnDec 31,2019	ndedYeEarchM31,2020ar
	ditedUnau	ditedUnau	ditedUnau	ditedAu
l Ie ftio(Net)ToOtancomromperans	67,705.14	2,35, 184.04	65,768.16	3,16,257.16
Net Pfitfthe(befo&ionalite)eriodtaxptroorreexcemsp	74.647,7	31,326.74	4,262.70	37,637.49
fitfoheriod befo(aftetiol its)Net Pr ttaxroperer excepnaem	7,774.64	31,326.74	4,262.70	37,637.49
Net Pfitfoheriod afte(aftetiol its)r tr troaxper excepnaem	5,874.18	23,660.48	3,142.32	28,597.67
tale ie fthefoheToCehsivriod(corisinfitriod (aft)r ttaxncomoromprenpempg propeerd otheehsive ie (aft)taxanr comprenncomer	5,715.60	23,501.89	3,102.59	28,513.23
Sh"'uiCitalEqtyareap	1,362.46	1,362.46	1,362.46	1,362.46
healuatiOtity(eludins)r equxcg revonreserve				1,18,594.17
Shaluf R1/-inPe (facch)Eaerare ve oe.rngsea
sicBa	4.31	17.37	2.31	20.99
Diluted	4.31	17.37	2.31	20.99

1. The above unaudited results were reviewed by the Audit Committee at its meeting on January 29, 2021 and approved by the Board of Directors at its meeting held on February 4, 2021. The statutory auditors of the company has carried out a Limited Review of the above results.

2. The above is an extract of the detailed format of the standalone and consolidated unaudited Financial Results for the quarter and nine months ended December 31, 2020 filed with the Stock Exchange under Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full Format of the standalone and consolidated unaudited Financial Results for the quarter and nine months ended December 31, 2020 are available on the Stock Exchange websites (www.nseindia.com, www.bseindia.com) and Company's website at http://www.avantifeeds.com/QuarterlyResults.php

DIN : 00190168

Place : Hyderabad Date : February 4, 2021

Corporate Office: G-2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad-500082, Telangana State, India. . +91 [40) 23310260 /61 +91140) 23311604 www.avantifeeds.com avantiholaavantifeeds.com

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Registered Office: Flat No.103, Ground Floor, R Square, Pandurangapuram, Visakhapatnam - 530003, Andhra Pradesh, India. CIN: L 16001AP1993PLC095778