Q3 results impact: Avanti Feeds, Apex Frozen shares rally up to 19% to fresh record highs

Shrimp stocks surge

• Avanti Feeds, Apex Frozen Foods shares hit 52-week highs post strong Q3 results
• Avanti Feeds Q3 net profit up 10.5 percent YoY to Rs 149.38 crore
• Apex Frozen Foods Q3 net profit hits Rs 10.09 crore, reversing last year's loss.

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The shares of Avanti Feeds and Apex Frozen Foods rallied in trade on February 12 after the two shrimp feeds companies reported strong earnings for the October-December quarter of the ongoing financial year 2026.

Avanti Feeds shares jumped nearly 17 percent to hit a fresh 52-week high of Rs 1,395 apiece, while Apex Frozen Foods shares surged around 19 percent to hit a fresh 52-week high of Rs 443.1 apiece. The two companies had released their results earlier yesterday.

Avanti Feeds Q3 Results:

Avanti Feeds reported a consolidated net profit of Rs 149.38 crore for the third quarter of FY26, marking a 10.5 percent year-on-year (YoY) increase from the Rs 135.21 crore net profit reported in the same period of the previous financial year. The firm’s revenue from operations meanwhile rose over 1 percent YoY to Rs 1,383 crore during the quarter under review.

Along with Q3 results, Avanti Feeds announced that its board has approved the plan to invest nearly Rs 25 lakh in Quanta People Solutions, India’s first AI powered, cognitive-tech solutions start-up, exclusively for Frontline Workforce Performance (FWP) and Attrition management.

Apex Frozen Foods Q3 Results:

Apex Frozen Foods reported a net profit of Rs 10.09 crore for Q3 FY26, as against a net loss of Rs 22 lakh in the same period last year. The firm’s revenue from operations meanwhile grew more than 14.5 percent YoY to Rs 264.29 crore during the quarter under review.

The shares of these shrimp feed companies have seen significant volatility last year, as these export-oriented stocks plunged amid US President Donald Trump’s tariff flipflops. However, the stocks have recently rallied after India and US announced their much-awaited trade deal.

Notably, US accounted for 53 percent of exports sales for Apex Frozen in FY25. North America meanwhile contributed to 65.4 percent of total sales for Avanti Feeds, as of Q1 FY25.

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