Venky’s India (VENK.NS) saw its third-quarter net profit more than double to 485.8 million rupees ($5.36 million) for the quarter ended December 31. This was up from 203.8 million rupees a year earlier. The surge came mainly from lower chicken feed costs and a recovery in the poultry business.
Cheaper Feed Costs Drive Venky’s Profit Surge
During the third quarter, key feed ingredients like maize, soya bean, and millet became more affordable. This helped lower feed costs, boosting profit margins. Venky’s total expenses increased by 4%, slower than the 9% rise seen in the previous quarter.
Venky’s revenue also grew by 8%, reaching 9.6 billion rupees. This was led by a 20% rise in its oilseed business, which sells refined soya oil and soya cake. The poultry business returned to growth after several months of decline.
Poultry Sales and Higher Prices Fuel Profit Growth
Poultry, which accounts for over half of Venky’s revenue, saw growth due to higher chicken prices. This came after a drop in broiler bird prices in previous months. As conditions in the market improved, Venky’s poultry segment rebounded.
A company executive highlighted the impact of reduced feed prices, which allowed the company to recover. Poultry sales are expected to continue growing as market conditions stabilize.
Venky’s India Looks to Continue Growth
Looking ahead, Venky’s India remains confident about its future. The company expects steady growth in its poultry and oilseed sectors. With lower feed costs and a recovering poultry market, Venky’s is well-positioned for continued success in 2026.
Venky’s total expenses increased by 4%, but the pace was much slower than previous quarters, reflecting better cost management. The company remains on track for strong growth through the year.
