Indian poultry profitability falls despite revenue growth, hit by rising feed costs.

The Indian poultry industry's operating profitability is forecast to drop by 50 basis points in 2025-26 due to rising feed costs, despite an expected 8-10% revenue growth. Higher costs for maize and soya-based feeds, which account for 90% of total costs, are driving this decline. However, revenues are anticipated to rise due to strong demand and growing domestic consumption of chicken and eggs.