VENKEYS Q4 FY26 Guidance vs Delivery (VENKEYS Management Mirror)

Poultry Operations & Volumes

Management anticipates overall poultry volume growth of 7% to 8% in the Mar'26 Qtr, refining its earlier Mar'25 Qtr guidance of 5% to 10% growth for FY26, while initiating new FY27 targets to sell over 50 million layer chicks and achieve a 4% to 5% increase in broiler chicks. During the Mar'26 Qtr, management cautioned that conventional open farm productivity may drop 11% to 15% in the first quarter due to summer conditions, following earlier Sep'25 Qtr expectations for favorable pricing and realizations to sustain through the fiscal year-end. [Status: Reaffirmed]