New Delhi, May 29 -- Avanti Feeds share price rallied as much as 6 per cent in Thursday's trading session after the company reported healthy March quarter results on Wednesday.

At 9:55 am, Avanti Feeds share price touched an intraday high to Rs.916.80 apiece on May 29, against previous close at Rs.862.65.

The company posted a solid performance in the March quarter, with its consolidated net profit increasing by 39.6% year-on-year to Rs.157 crore, up from Rs.112.6 crore in Q4 FY24.

The profit surge was supported by higher margins and consistent revenue growth. Quarterly revenue climbed 7.9% to Rs.1,385 crore, compared to Rs.1,284 crore in the corresponding period last year.

The company's board also proposed a final dividend of Rs.9 per...