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POULTRY PROFITABILITY
As China gorges on homegrown foie gras, France faces a new rivalChina is rapidly emerging as a global powerhouse in foie gras production, with farmers like Li Fengshan driving massive output increases. C...- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27%The US-Iran peace deal is finally about to happen. There is a high probability that global markets will see a relief rally, a part of which...
- Soybean meal supply crunch puts pressure on livestock, poultry sectors: CLFMAThe situation threatens food security and rural livelihoods. CLFMA urges government intervention for balanced availability and stable polic...
- Human urine becomes option for farmers in fertilizer supply crunchFrom chicken muck to human urine-based products and microbial solutions, growers are improvising to maintain crop yields. This shift, while...
- India's poultry sector to see 4-6% revenue increase this fiscal: CrisilThe poultry sector in India is on track for a 4-6% growth in revenue this fiscal year, buoyed by persistent demand from consumers, particul...
- Poultry profitability is set to decline ~50 basis points next fiscal, says CrisilThe Indian poultry industry's operating profitability is set to decline next fiscal due to rising feed costs of maize and soya, despite an ...
- Venky's shares hit 20% upper circuit after Q1 profit soars 287% YoY to Rs 75 croreRevenue from operations stood at Rs 808 crore, down 17% YoY from Rs 976.44 crore reported in the corresponding quarter of the previous fina...
- Venky's India Q1 Results: Profit jumps about fourfold as costs easeRealisations in the poultry segment were higher from sales of day-old chicks and adult broiler birds, which are reared for consumption, the...
- Venky's Q3 Results: Firm posts loss on subdued oilseed businessThe company reported a net loss of 79.4 million rupees (nearly $957,000) in the three months to Dec. 31, compared to a profit of 165.3 mill...
- Venky’s shares jump 9% after company reports Rs 34 crore Q2 profit vs YoY lossVenky's (India) posted a profit despite a decline in its year-on-year (YoY) revenue to Rs 912.60 crore for the reporting quarter. The reven...
- Venky’s share plunge 9% on 60% YoY decline in Q1 net profitVenky’s reported a profit after tax (PAT) of Rs 19.41 crore in the said quarter versus Rs 49.28 crore in Q1FY23. The profit before tax (PBT...
- Venky's India Q4 Results: Firm posts 56% slump in profit on rising feed costs, lower salesVenky's India, one of the largest poultry firms in India, reported a 56% decline in consolidated profit after tax for Q1 2021 as a result o...
- Covid-19 lockdown has severely hit the poultry industry with Q4 being the worst quarter:ICRAThe industry incurred large net losses due to sharp decline in demand, realization and profitability. Rumours circulated in social media, l...
- Cargill and Heifer launch Hatching Hope Global Initiative in IndiaThe program will also expand its reach through innovative mass media and advocacy campaigns.
- Poultry integrators to prune capex by a third, adopt wait and watch policyAnalysts and industry representatives expect the industry to return to normalcy in capital expenditure in the next fiscal if improvement in...
- Fowl is fair for poultry firms on better economy, lower feed costAccording to representatives and large companies, demand should increase as the festival season, which typically witnesses a fall in meat c...
- Poultry firms fear profit fall on imports of costly feedsThe poultry representatives said that production of maize fell by more than a third on account of back-to-back droughts.
- Broiler meat demand to grow 5%-7% a year in long term, says ICRAIndia’s domestic broiler meat demand is expected to grow at an annual rate of 5%-7% in volumes in the long term while table egg sales would...
- Hester Biosciences Q1 net profit rises to Rs 4.66 crHester Biosciences today reported 7 per cent increase in net profit of April-June quarter of current fiscal at Rs 4.66 crore.
- We have not suffered losses till now: Suresh Rayudu, MD, Srinivasa HatcheriesIn Srinivasa Hatcheries we are totally in the poultry business so it is really we have no other segments in that.
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