India's Venky's briefly falls to lowest in more than 5 years on quarterly loss

Venky's (India)

07/11/2025 07:56

**Shares of poultry firm Venky's VENK.NS plunge as much as 8.61% to 1391.2 rupees, lowest in over five years, since September 2020

** Stock last down 7.5%

** Co posts second-quarter loss of 265.3 million rupees, compared to profit of 77.6 million rupees a year ago

** Co's revenue from ops rises nearly 3.5% to 8.01 billion rupees

** Veky's says poultry and poultry products segment continue to face challenges. Performance was negatively impacted due to lower income from the sale of day-old chicks and grown-up birds

** About 164,582 shares change hands, 6.7 times the 30 day avg of 24,547 shares, as of 1:09 p.m. IST

** YTD, stock down ~23%

 (Reporting by Mridula Kumar)

 ((Mridula.kumar@thomsonreuters.com))