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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 Hatcheries
In Srinivasa Hatcheries we are totally in the poultry business so it is really we have no other segments in that.