Venky’s hatches higher Q1 profits as poultry powers past feed cost squeeze

MUMBAI: In the corporate coop this quarter, Venky’s (India) Ltd has laid a golden egg. The poultry-to-oilseed giant reported a consolidated net profit of Rs 15.83 crore for the quarter ended 30 June 2025, up from Rs 15.78 crore a year ago, despite battling feed cost pressures and softer margins in its core poultry segment.

Revenue from operations climbed 7.15 per cent year-on-year to Rs 865.83 crore, compared with Rs 808.02 crore in Q1 FY25. Total income stood at Rs 877.52 crore, buoyed by Rs 11.69 crore in other income.

The company’s poultry and poultry products division remained the main profit roost, bringing in Rs 475.66 crore in sales, followed by oilseed at Rs 318.02 crore and animal health products at Rs 96.98 crore. Segment results showed poultry still feeling the heat with a loss of Rs 5.55 crore, while animal health (Rs 23.18 crore) and oilseed (Rs 10.05 crore) kept the ledger in the black.

Expenses rose to Rs 855.75 crore from Rs 717.63 crore last year, driven by higher material costs (Rs 553.08 crore) and feedstock price volatility. Finance costs edged up to Rs 4.29 crore, while depreciation came in at Rs 9.21 crore.

Earnings per share for the quarter stood at Rs 11.24, compared with Rs 11.24 in the previous quarter and Rs 9.44 a year earlier. On the balance sheet, total assets grew to Rs 2,09,115 lakh, while liabilities were steady at Rs 59,975 lakh.

While the poultry flock faced headwinds, the diversified revenue mix helped Venky’s keep its Q1 nest egg intact proving that in this business, you can still rule the roost if you spread your wings wide enough.

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